INSP is a descending falling wedges (bullish pattern).
INSP, I think it's going to turn back down from here... else I will call it a premature breakout. Just hit the top bollinger band. I also noticed the P/E ration... 250+??? I think I will send it to A@P to short it, j/k.
How about this, ask Wayne about how to write call on INSP, I think it's going to drop.
NEON, on it's way to turn back up, IMHO, the picture is not very clear yet, different indicators are saying different things. I think it will hit $20 in the near future, not exactly tomorrow, sometimes this month maybe LOL. Apparently, it has just hit the top bollinger band... it can breakout tomorrow, if so, scalpe it... I need a few more days of trading data to determine where it will go...
If you own it as well, write calls as Wayne said. See what strategy can he give you?
Hope this helps. Yes, I like to predict Up and Down... that's how we all make money, right? Are you going to join my contest by the way? :-)
Bernard |
