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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (72631)11/21/1999 3:35:00 PM
From: Top Jim  Read Replies (1) of 120523
 
Help w/TA on INSP! I have been trading for over a decade, mostly on fundamentals. Recently I've been trying to better my understanding of TA to improve my timing. As such I've been spending a lot of time reading this thread and researching on Market Gems' (awesome) web site.

INSP has been a great stock for me for the past year but I am perplexed by the recent mixed signals. Looks like a strong T on Thurs followed by a "first cloudy day" on Fri. MACD still showing buy signal. How should I interpret this data? I recently missed a 10 pt move so I am reluctant to reduce my position since this company is so fundamentally strong. Any insights from experienced traders would be greatly appreciated.
TIA and hope to contribute in return in the future.
TJ
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