I like how Inari is setting up here one week before it reports earnings. Big gap up last earning report and there is high probability the stock could run up this weak in anticipation of good report. The nice base setup increases the odds this could happen as soon as tomorrow.
Inari Medical Inc (NARI)- DEVELOPS PRODUCTS TO TREAT AND TRANSFORM THE LIVES OF...
Small bull flag and could pull back a bit deeper..there is a HRZ at the top and so far the flag is tight..
Broke up from an inverse head and shoulders..
This one is up quite a bit..I should have turned that red line green after price broke the R of the inverse H&S pattern earlier
NV and OBV is high..monthly and weekly candles indicate a possible pull back..
I...
Based on the structure I think we could see a move into 95 - 100+ by the end of the month.
Watch for some near term resistance though, if there's a pull back off 86 I'll view that as a buying opportunity.
This baby is a good looking and easy to spot on kind of stock. But always try to trade carefully. Target is 109 for now, but will see how the pattern forms.
POS in 85.92 as of 12/30/2020
Price must break upper trendline which is resistance for the formation and then becomes support after price has crossed it..
This looks to be a rectangle with an inverse head and shoulder inside of it. You can tread it as either or. It is still a free country, last time i checked (o:
Stops are initially often placed at nid rectangle/subtract top from bottom...
