A Sleeping Giant INNDeedOne of my favorite stocks for the next 12-18 months is none other than Innerscope Hearing Technologies. The price of this stock could drop slightly lower in the $0.0002s, or it could slip all the way down to quins ($0.00000). In either case, I will consciously and happily buy it, the whole time.
My reasoning for such a bullish sentiment is based 100% on the chart, but it doesn't hurt that this company has product in Walmart and Best Buy. I don't think there's a ton of other OTC companies that can say that.
Refocusing on the waves... INND is possibly my favorite chart for the next 1 to 2 years. I don't know what news will come, or if any will come at all, but I know I like what I see. At the highest INND could see $10 in 2025, at the lowest, it could break above $1 but fail to sustain support above $2.
These are the only two options in my opinion, $1 and some change or $10-$11. Don't talk to me about outstanding shares, authorized shares, float, market cap or none of that. It'll work itself out if I'm seeing the chart correctly. I was able to call the 99% drop last year. Let's hope that clarity is still on my side.
(The wave type shown here is called an extending diagonal wave. In this formation, Waves 1-5 all grow longer and Wave 4 almost always enters the zone of Wave 1 (unlike with an impulsive motive wave). Diagonal waves can only be seen in Waves 1, A, 5 or C.
