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Tea-Trades
Jun 17, 2021 7:31 PM

INMD Good Entry...  Long

InMode Ltd.NASDAQ

Description

INMD Inmode Ltd is an Israel-based company. It designs, develops, manufactures and commercializes energy-based, minimally-invasive surgical aesthetic and medical treatment solutions. The Company’s proprietary technologies are used by physicians to remodel subdermal adipose, or fatty, tissue in a variety of procedures including fat reduction with simultaneous skin tightening, face and body contouring and ablative skin rejuvenation treatments...
Tech that might help with those Covid lbs...
Medical Devices group looking good ...
Only concern is the lack of volume but some leaders have been breaking out on less than average volume for example, check out my NET Cloudflare entry.

IBD #1 in its group
Composite Rating 99
EPS Rating 98
RS Rating 96
Group RS Rating A-
SMR Rating A
Acc/Dis Rating A-

Entry: 93.6 Stop 85.73 1R 7.61 Target 3R 116.43

Earnings due 8/5/21 Good space to run up to earnings report.
1R 7.61

Not trading advice. Educational purposes. Do your own due diligence.
Comments
NAK1987
looks good I also see above average buy for 127K shares in aftermarket today , maybe we will indeed see some volume to validate tomorrow . Not to mention , still above average volume today too :) Good find
Tea-Trades
@NAK1987,

Thanks. I was thinking some good orders may come in at close but didn't get a chance to look.
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