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Small Cap Healthcare Equipment Name Nears Breakout

by | Nov 10, 2022

Inmode (INMD) shares are tightly wound in a coiled squeeze pattern that can trigger a buy breakout above 35 and see a quick move to 38.70 which is an overhead VPOC yet to be tested. The stock also has a bigger picture inverted bottoming base forming on the weekly chart which measures up to 50+ in the long run if prices above 35 can sustain.

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