This money losing stock will go parabolic for 2 reasons: - 5G hysteria - Short squeeze This one is a long term play in my 401k, loaded up while it was under $5. Based on charts, it could go back to $4.6, if it does I'm buying calls in my regular brokerage account. Like a lot of stocks, it's trading on borrowed shares, institutional holders have over 100% of...
sure shot SHORT game. Weekly andn daily heavy OVERBOUGHT
Take away is this is a weaker Stage 2 with long term overhead supply in play and a very nice short term chart to counterbalance. Look for rejection at former highs and make sure relative strength and upward slope are maintained for massive breakout to all time highs.
2018 was good and bad for many stocks. It really could have shaken off people from the market. INSG for being a low dollar stock is impressive for the year. I see a stock that is solid as I have ever seen on just the daily technical analysis. I will pay attention to this stock.
The EMA 30 & 60 act as medium term support level for the uptrend stock, after the first wave, wait the stock price retrace to the area of the EMAs. Now can find for a candle with price closed above yesterday's candle, and with the volume higher than yesterday's volume. Put the stop loss below the nearest turning point, and we can trace the trend until the EMA 60...
according to the pattern trend I have a hypothesis this will continue to go on an uptrend
INSG needs to bear down to $1.82 to gather steam for its journey back into the rising channel and profit potential. Friday's low volume, i feel, can't sustain the price at $1.89. Something to really consider is that the 50 day MA, should this anticipated movement come to fruition, will be right on the bottom of the pull back $1.82, making this stock poised to run...
Years to complete this pattern. I bought in at 2.04, hoping it goes to 3.50.
INSG is trading in an ascending channel but it's facing to a resistance area. I'm expecting a rejection in this level for one more wave down. Hidden bearish divergence on 4h chart.
see notes below-percent r upper-obv good-aroon crossed-stoch crossed at bottom -mo turned