Quick analysis on INSG Inseego the hot tech company deploying 5G hotspots with major telcos like Verizon. Yes the stock has had a great run, but it's clearly got momentum and the fundamentals are strong. We are tracking an upward channel with a downward-facing wedge if you zoom in close. If the lines I drew are generally in the right spots, then we're seeing a...
Adding more to position if holds above $13.50. Regardless Im long hodl on my current position no stop loss
Bullish test $15 resistance hope possibly break $15 but watch that retest gap
Divergence between price and rsi, i expect to go down at 10 and after this at 9, where technically is a good support and it will be attractive to buy
If you aren't familiar with Inseego, they are a 5G & IoT company based in San Diego. Trending up longterm, short term possibly down the channel. NASDAQ:INSG