CH, I'm…w/o L2 most days…until I can afford an aircard, anyway…;o)
Momo charts on INNO look great. Not sure who's providing resistance @ $3. If you've been watching the trading closely, you'll know better than anyone when the top blows off. Trust your instincts…just don't go crazy :o). Oh yeah, the spread sizes you see on real time, eg. 20 & 130…2 7/8(20) x 3(130), are only the first MM's professed, shares available. He may have more. Also, there may also be additional shares with other MMs that won't show unless the MM w/130 (13,000 shares) gets moved/bought off of that price. So when you see the 130 get nibbled away to 320, a block of 4,000 shares goes off at the ask, and the ask size jumps up to 83, it means that there was another MM @ $3, with 9,100 available…
Know the fundies. I traded INNO last time based on the clear backpack hype. Since then, I've seen about a ½ dozen different producers of clear bags of all sorts. The craze is here, just not sure who's gonna profit. I'm not sure what else Innovo can derive net $ from.
Good Luck. LB
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