jw00kie

Swing on Inseego

Long
NASDAQ:INSG   Inseego Corp
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2
Currently there is a big hype over 5G and I think Inseego is one way to play.

In a quick view, the stock looks like it is drawing a flag or a symmetrical triangle; but I think Inseego will draw a "W" shape instead to finally draw a bullish rectangle .

Looking back 30 ma has been support and resistance so breaking 30ma could turn the stock to "bearish" mode real quick; so make sure you have your stop losses.

Target: $20
Stop: $17

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