kennzo

INMD (InMode Ltd) - More Bullish quarters ahead!

Long
kennzo Updated   
NASDAQ:INMD   InMode Ltd.
InMode Ltd

InMode Ltd. is a provider of medical technologies. It develops, manufactures and markets devices harnessing novel radio-frequency technology. The company serves plastic surgery, gynaecology, dermatology, otolaryngology and ophthalmology. InMode Ltd. is based in Yokneam, Israel.

Analysis/Commentary
Relatively new, but with extremely good EPS and Sales Growth Q-on-Q

Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Moving from strength to strength
- Generally beating market expectations
- Further growth forecast
- Entry point should be imminent, and in-line with Slo Stochastic indicator
- A generous stop-loss, but large upside potential is feasible beyond the MID point
- Trailing stop-loss on price above MID point

GOOD LUCK.
DO YOUR OWN RESEARCH
Comment:
TRADE UPDATE: Very successful
The chart speaks for itself!
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