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zAngus
Dec 16, 2021 10:20 AM

Inmode - Oversold with some upside to come? Long

InMode Ltd.NASDAQ

Description

Inmode had a great momentum run over the last year and even with a recent 30% pullback is still up 190% for year.

I haven't really seen any news that might account for the drop and looking at Yahoo Finance their analysts are saying the current price should be closer to the $98.50 mark rather than where it is today at $67/40.

Fingers crossed for a bit of a run back to some of these resistance levels.

Worth some research.

Comment

Continuing to recover nicely.

Comment

Another big pullback for no reason I could see. Wonder if we will get another bounce again.

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