Hi Joanie!
Thanks for pulling my coat on INSP. I ran some TA against it (P&F chart) and believe that it needs to pull back a bit before the risk/reward is more favorable. If it slips to 40-41, that could be a good place to jump it (looks like a pretty solid bottom at 38), on the other hand, if it continues it's climb and breaks 48, that breaks a double-top, and is a buy signal. Or better yet, if it continues to rise and busts through 51, you're looking real good (a spread-triple top break and doubleplusgood)!
So basically, what all this mumbo-jumbo says to me is watch for 3 different marks 40, 48/51. If it hits any of these three marks, I'll be taking a very close look at a buy. Thanks again for pulling my coat! I'm still loving XCNXTX!
909's,
-Joe |
