1.44BMarket Cap7.40P/E (TTM)
17.320High16.870Low338.34KVolume17.030Open17.020Pre Close5.79MTurnover0.44%Turnover Ratio7.40P/E (Static)84.62MShares48.25052wk High1.83P/B1.30BFloat Cap16.82052wk Low--Dividend TTM76.27MShs Float99.270Historical High--Div YieldTTM2.64%Amplitude6.530Historical Low17.119Avg Price1Lot Size
InMode Stock Forum
INMD oversold, RSI clearly at extreme levels; Signs of support!
- RSI severely oversold (previous only time was early 2022)
- Pre-earnings coming up next week
- 30mins chart finally saw a good double bottom formed
- In line with overall market firming up
Time to sell puts.
@BeBlessed@Deposit@icezzz@Jamesbond86@KC Yap@克里斯托弗陈@Mohamad Ghadafi@meruson@奇宝@SiokJS@Tadamaen@圖畫裡龍不吟萀不嘯@10-10@71623800@102987758@102402910@102390299@101815910@101688622
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INMD - Bulls tactically gapped up above key resistance 40 to head for 45!
- Pre-earnings guidance on 12 July ==> checked!
- Target of 45 ==> checked!
- Charted the rally since higher low on 2nd June ==> checked!
That's why observe, react, don't predict! Let the price action guide you!
Significance of Wednesday
- 40 has been a resistance past few run up
- Wed, bulls tactically gapped up over 40 at market start! ==> triggered so many stop losse...
Beautiful price action for INMD! Pre-earnings guidance soon to be released!
- A positive reaction will see a jump up of good magnitude
- Bull flag had been forming well since the higher low in early June
- MA5/MA20 are all up and there is upside to go in this rise
- Fib extension of bull flag points to Fib 1.0 of 39 (broken) and next i...
INMD Pre-earnings guidance coming up! How will it react?
- Bull flag in the midst of forming
- Bounced off 35.5
- Fib extension means 1.0 at 39 and 1.618 at 41
- 30mins chart shows controlled buy and sell with a good base formed at 35
- An even stronger base at 33/34
My Plays
- Have been selling multiple puts since the low of 1 June (lower strangle)
- Have been holding back on more selling more calls until upper end is reached (targeting 39)
- Any pull backs to 35 I load up more sol...
INMD - Watch out for upcoming pre-earnings guidance! Will it push to 40 or bring it back into range?
- Current price action has been positive and a good bounce off the range breakout and backtested at 35
- Note recent earnings reaction was high of 38.
Positive reaction
- Bull flag play out to 39/40 and possibly 42.44
Negative reaction
- Bring it ba...
INMD - Bull or Bear, Take your pick!
- Handle formation now in progress
- Handle formation can pullback to as low as 35
- Break below 35, does not look too good
- If bull flag plays out, targets are good for 40 (fib extension 1.0) and 42 (fib extension 1.618)
My Watch/Plays
- Multiple sold puts and calls to hold
- Pullback and hold at 35 and above, will increase more sold puts positions
- Will not sell any more calls until bull flag plays out or break below 35 suppor...
INMD - Upcoming moves?
Moves - Often, INMD either moves upwards towards pre-guidance or drops before pre-guidance. If it goes up, it often comes down after. If it goes down leading towards, it goes up after.
Charts/Price action
- Can it form a higher higher above 38?
- If it does, it may come down t...
INMD bull flag played out; Consolidating now at 36+ for push to 37.81 and then try 38.56 again
- 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 matur...
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