Innerscope Hearing Technologies Inc (INND)

[SeatonBM]

Heard it hear first...

Now I think it dips to the $0.04s to test the daily 50/200 MAs, also the weekly 50MA lives down there too...

I bought the dip here at $0.065, sold at $0.075 for a quick easy 15% scalp I called roughly a week ago (see post I'm responding to)...

I'm stacking a bid now around those MAs, currently at $0.048 as the highest one, and following them...

We'll see what she looks like after a reset...

Momentum indicators (MACD/RSI) are too over bought, I rarely ever see the RSI peak more than 3 times while in over bought territory... Just like it just did here... MACD is sliding down now...

The bearish PSAR was tripped today as well, sign of bearish moves to come... I don't follow fundamentals at all but I've heard an awful lot on Twitter about this 10k being bad... I never even bothered to look, as I've said before 10ks mean nothing to me... Call it a coincidence or whatever, I was prepared for this dip... But now it has a fundamental reason to fall too, so charts and fundamentals align... As they usually do... Charts can just be better predicted...

We'll see what it does after it tests the MAs, regroup then...

Oh and don't ignore the weekly chart, which has a Bearish Deliberation Block on it...

GL to all...