On the weekly chart INUV formed a year long cup and handle with support at $0.50
Technical analysis:
1. Support at $0.50 for the past 2 weeks, has dipped several times below but always makes quick recovery, resistance at $0.60, if the price breaks resistance we may see a 52-week high in the following days/weeks.
2. Trend line in the upward direction, at the peak of the cup the price shot up to $1.10, then back to the trend line at a support $0.55
Some DD:
-Website advertising company
-Recently released IntentKey an AI software
-300% increase in CTV demand further solidifies strong earnings
-Earnings coming soon (maybe a catalyst?)
Do your own DD , this is only an idea :)
Technical analysis:
1. Support at $0.50 for the past 2 weeks, has dipped several times below but always makes quick recovery, resistance at $0.60, if the price breaks resistance we may see a 52-week high in the following days/weeks.
2. Trend line in the upward direction, at the peak of the cup the price shot up to $1.10, then back to the trend line at a support $0.55
Some DD:
-Website advertising company
-Recently released IntentKey an AI software
-300% increase in CTV demand further solidifies strong earnings
-Earnings coming soon (maybe a catalyst?)
Do your own DD , this is only an idea :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.