Indoor Harvest Corp (INQD)

[tothe]

INQD weekly chart(s)~~~ down -31.25% closing at $0.0110 on volume 137,922,112 up from 106,026,784 last week.
* Weekly chart: OTC wide contraction, all pot stocks consolidating/correction. And you thought INQD immune to this stuff? So our retracement pattern continues, primary trend is up and strong (see MA's and ADX), closing candle long body with long shadow at least shows strong support below the penny.
* Daily chart: 100% retrace on our pennant with tight falling channel. We have a good lead-in for next week with Thursday's breakdown and Friday's reversal candle. This particular two candle pattern performs well in a bear market up breakout so remember all the OTC market sentiment effect this week had on INQD.
StochRSI way, way oversold but the FullSTO is at crossover for a buy signal... the first since February 3!!!
http://thepatternsite.com/InNeck.html
https://www.swing-trade-stocks.com/sidetrap-chart-pattern.html
http://thepatternsite.com/pennants.html
http://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:flag_pennant_continuation

 
 * Weekly slow/fast charts show strong ADX   
   ADX Value    Trend Strength    
    0-25         Absent or Weak Trend     
    25-50        Strong Trend     
    50-75        Very Strong Trend     
    75-100       Extremely Strong Trend 
 

~~~ Indicator study
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146368673
chart thread post


http://stockcharts.com/h-sc/ui?s=INQD&p=W&yr=1&mn=0&dy=0&id=p36432370522&a=682206290&listNum=23


http://stockcharts.com/h-sc/ui?s=INQD&p=W&yr=1&mn=0&dy=0&i=p98658979386&a=550543313&r=1508110667742



http://stockcharts.com/c-sc/sc?s=INQD&p=5&yr=0&mn=0&dy=2&i=p04068199646&a=548294540&r=1537108215884



http://stockcharts.com/h-sc/ui?s=INQD&p=30&yr=0&mn=0&dy=10&i=p6680853606c&a=639143585&r=1548554336877




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