INMD 2 Month #Rectangle #ChartPattern (3 reasons to like it)
3 reasons to like this rectangle breakout chart pattern. A daily close above $36.75 will:
1) Confirm breakout above 200 MA
2) Clear 2 month consolidation chart pattern
3) Clear weekly down sloping trend line (red dotted line on chart)
1) Confirm breakout above 200 MA
2) Clear 2 month consolidation chart pattern
3) Clear weekly down sloping trend line (red dotted line on chart)
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel www.youtube.com/@taplot
