Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

INMD bull flag played out; Consolidating now at 36+ for push to 37.81 and then try 38.56 again

- Bull flag formed since 1st June low had played out well (exactly as per previously shared)
- It remains in the buy continuation channel with consolidation Wednesday after the CPI/PPI/FOMC drama
- Long term buy channel remains resistance at 44/45 and support at 31/32
- Upcoming pre-earnings release early July (so expecting a run up to it)

My Watch/Plays
- Sold puts strike 25 27.5 30 32.5 35 all maturing well
- Will look to add if it pulls back to 34.55 (Good support)
- Will let existing short calls mature and look to add if it breaks 38.56

Cautiously bullish towards early July! Good luck, all!
INMD bull flag played out; Consolidating now at 36+ for push to 37.81 and then try 38.56 again
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
2
+0
Translate
Report
22K Views
Comment
Sign in to post a comment
    515Followers
    538Following
    2414Visitors
    Follow