NASDAQ:INOV finally good technicals. Price above its 10, 20, 50 and 200 day MAs, 3 months with good buying volume and breakout from a cup and handle pattern. This are all the kind of technicals I need to see to consider a stock. Now I went on to check the fundamentals and according to Reuters, NASDAQ:INOV has a Gross Margin of 74.86%, that's pretty good for...
Fundamental Analysis 1. Industry: Engages in the development of cloud-based platforms for the healthcare industry ++ 2. Price: Relatively Cheap 3. Upward potential: 40% 4. Risk-Reward Ratio: 1:5 5. 5Y EPS Growth: 50% Technical Analysis 1. Volume is growing 2. Support of the MA 100 3. Morningstar growth rate: B (92%) 4. Short-term target: 30 5. Long term target: 50
Here is another one that looks pretty clear. Needs to close that gap should head higher. GL
INOV had big decline & now seems getting some strength. It crossed above EMA lines & EMA lines had a positive crossover. Moreover it had big insider buying recently. Overall looks descent long. Trade Criteria Entry Target Criteria- Break of $11.07, Exit Target Criteria- $13 & higher Stop Loss Criteria- $$9.83 Option - $10 Apr-17 Calls , $10 Jul-17 Calls...