Weak Support levels.
I'm new to INSG but the Only Strong support/resistant levels I see on the chart is at $5.....I'm Still Saying $9 Before Earnings because new highs didn't have much time to "churn" BUT Should be Easy To Break Through Going Up.
Under 9's
....5's are LOW ......5's are another 50% Drop from Here and I Don't think we'll hit it before earnings ....If anything it could be a saving grace if the "sh#t" hits the fan in the market as a whole. (imo).
I'm only trying to point out signs that are already there ...The more tools we have the better.
..and as jessellivermore mentioned: " A pull back of three to four points from the high would be healthy then we go up from there..".....I agree with him there and hope 9's are the low.... ( and I appreciate any pushback on any of this because hopefully, I'm wrong. )
I also appreciate your point about " ADX RSI FIBS WERE CRISPY TOAST as it reminded me to look for market signs ( eg.) The "VIX" and Treasury bonds
Keep an eye on the " VIX " ( Volatility Index )
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