nathanielx9

NSPR EMA and Volume rocking

Long
AMEX:NSPR   None
The market atm is pretty boring. Bitcoin is doing nothing, stocks trading on news, Tesla mooning on earnings epectations with possibility of NASDAQ listing, cruise lines crap, and tech stocks booming. Now I been watching NSPR a little trying to find a good time to buy. NSPR is a medical stock that helps certain surgeries possible, yet its downfall is its not sold in the USA and it might be awhile till it is.

TA
-looking at the hourly and even the daily you can see its at its highest volume since June 02 the dump from .81 to now and has been mainting this high volume.
-hourly emas look to be cloing in a bullish move, yet on the daily it does get rejected, so entering the trade on emas targets range are .55-.7
-MACD is uptrending up on the daily and hourly
-RSI is overbought on the hourly, yet neutral on the daily.
-Earning are coming up and the last two earnings don't show much. Last one sideways and the other one it dumped, but pumped higher later.

I personally took a gamble and bought 3k shares, yet would keep this one on your radar just cause the volume at the moment is unlike anything it has done in the past.
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