Indoor Harvest Corp (INQD)

[tothe]

INQD chart~~~ Pattern setup. Bullish continuation pattern that marks a consolidation period (the cup) followed by a breakout (handle).
~~~ Also note on the chart OBV shows the sophistication of the traders. They love Leslie but it is not going to stop them from playing the dips and highs they are used to. The difference is they hold a core position and this shows up in OBV indicator slope: the float is being bought up gradually.
INQD really puts OTC traders in a quandary but they want to be in the long party. Some have smacked up against a stop sign.

chart thread post

* The pattern
http://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:cup_with_handle_continuation
http://thepatternsite.com/cup.html

http://stockcharts.com/h-sc/ui?s=INQD&p=D&yr=0&mn=3&dy=0&i=p3561776201c&a=646884267&r=1550521699656
http://stockcharts.com/c-sc/sc?s=INQD&p=D&yr=0&mn=3&dy=0&i=p3561776201c&a=646884267&r=1550521699656