$INSP near completing head & shoulder pattern
Inspire Medical Systems develops innovative and minimally invasive solutions for patients with obstructive sleep apnea.
Ranks #10 in the IBD Group Medical-Products Group with a Relative Strength IBD Rating of 93. This is a what leader looks like.
Today is forming a daily shark patter with a pivot buy at $278.10.
The follow through would be a breakout above $283, which would confirm the head & shhoulders pattern.
I like these odds, I will buy those breakouts if volume is behind the moves.
The RSI hasn't touch the oversold zone and has showed 3 bullish divergence within this long base.
Let's waitn for the breakout!
Ranks #10 in the IBD Group Medical-Products Group with a Relative Strength IBD Rating of 93. This is a what leader looks like.
Today is forming a daily shark patter with a pivot buy at $278.10.
The follow through would be a breakout above $283, which would confirm the head & shhoulders pattern.
I like these odds, I will buy those breakouts if volume is behind the moves.
The RSI hasn't touch the oversold zone and has showed 3 bullish divergence within this long base.
Let's waitn for the breakout!
Comment:
ATH! Lets wait for the follow through
Comment:
9 of 10 up days, this is the follow through that only happens in bull markets!
Depending on the close today I'll rise my stop to breakeven
Depending on the close today I'll rise my stop to breakeven