JROSEXXVI
Short

$INP Sell Day Trade Strategy

ASX:INP   INCENTIAPAY LIMITED
INP had a great increase on the 31st.

However currently exhibiting:

MACD: overbought
RSI: overbought

Strong indication for a down trend, great opportunity to sell and take a profit if entered at opening price @0.040

Will be monitoring movements, depending on popularity and demand proposed strategy is as follows:

Enter: @0.049
Take-profit: @0.056 (at least)
Stop Loss: @0.045

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