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These stocks from the watchlist closed higher on Monday. We might be able to add on increasing volume and /or continuation. In addition, we’ll add only on ABCD pattern dips that hold above VWAP while trailing our stops. RVOL shoule be higher than 2.0 as well.

Watchlist – Top 10

All of these candidates have similar characteristics as INMD.

  • Price action above 9/21d moving average.
  • Volume showing obvious institutional activity
  • MACD and Stochastic rising
  • RSI above 50 and trending higher
INMD-Daily-Stock-Chart-Inmode

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Happy Trading,

Vinny

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