Inmode CMP 31
Here we have a small chart history – hence many a times the projections don’t play well.
Still trying.
It seems to be doing a Zig -Zag correction …so long way to go if the reading is correct.
Other sign of weakness is that in B wave bounce, it could not cross 40 WMA and bounced only upto 23% .
Weekly Chart
First stop should be lower end of weekly BB ie near 20.If it breaks lower BB then A=C can become a possibility.
Disclaimer :This is just a post for learning a method. No buy/sell recommendations. These are probability study methods and chances of success depend upon various factors.
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