Looks like a bear pennant formed and a further drop occurred. Bear flags and pennants form after an almost straight drop down. They usually slope against the current trend (up) but can be flat. Pennants are more wedge shaped and flags have almost parallel lines.
A Bear or a Bull Flag/Pennant is a neutral pattern until they break and a bear flag/pennant can...
Price is below the bands set on an 80 DMA which indicates oversold status.
Bollinger Bands are also an oversold/overbought indicator.
RSI is also deeply oversold.
This company does not have positive EPS but growth must be expected for price to go as high as it did.
Possibly the overvaluation caused the fall.
No recommendation.
52 Week Range
159.62
330.00
Day...
Inspire Medical Systems develops innovative and minimally invasive solutions for patients with obstructive sleep apnea.
Ranks #10 in the IBD Group Medical-Products Group with a Relative Strength IBD Rating of 93. This is a what leader looks like.
Today is forming a daily shark patter with a pivot buy at $278.10.
The follow through would be a breakout above...
Price has hit the 1.414 (W 1.414) unless price goes past this level) I am not sure this last leg of the W has terminated, so the line is dashed instead of solid.
One more candle close down, I would feel it would be a solid line.
Things change and this stock is volatile!
No recommendation/NO PE Ratio assigned which would be highly unusual for a value...
Deep pullback and possibly a harmonic pattern called a Cypher if price does not go down past the .786. For now price stopped at the .786 of XC and turned back up. But I am not sure that this may not be a shark which would take the final leg down further than the .786. The shark is labeled 0XABC, and the final leg (BC) is measured from the impulse leg, or 0X. ...
INSP changing the sleep apnea world with their revolutionary new minimally invasive treatment, potentially taking lion's share from other companies who manufacture CPAP machines. Good luck traders!
Two case scenario we a looking here.
1:Bearish falling window 67% continuation 208.52. stop 160
2:Pivot point reversal downtrend. target up 223.43 down target 171.29
Risky. Volatility can be INSP's middle name.
Yearly high and long term high is 252.25. Yearly low 97.15.
The third bottom is a tad lower and was just made today. Pocket pivot today but PP's do not save the world )o:
Confirmation would be a good thing
No recommendation and there is a gap under price.
Earnings 8-3.
Yes, the moving averages are all out of...
INSP is a strong stock but has lost quite a bit of ground with the recent pull back/correction.
The top doesn't looks so good, but price has not fallen past the neckline in a downtrend as of yet. It may. I thought it was a goner, then had a small pull up. I realize securities on their was down will have buying at certain levels as folks are trying to get in at...
Pull back may be coming very soon. Monthly and weekly candles are both green with a top wick and no bottom wick. The stock is not overbought on RSI. I notice a high of 119.26 today but the stock did not hold on to that price for long
Having owned it, I have noted this is a very strong stock and the street must really like it. It can be volatile as...
Contextual immersion trading strategy idea.
Inspire Medical Systems is a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA).
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in...
