Innerscope Hearing Technologies Inc (INND)

[Porteño]

A bottoming pattern has formed in the daily chart. Positive divergence present in RSI, MFI, and Accumulation Curve. In other words, while PPS has been falling, shares have been heavily accumulated. This is inverse to the effect dilution typically has which creates Distribution and negative divergence against price action in certain indicators.

I know everyone is frustrated with the stock and I don't blame them. The dilution here has been brutal. But that's the OTC for ya. What's key is identifying when a reversal occurs and when a corner is being turned. Of course it remains to be seen how much CEO will keep diluting, but considering state of business, financials, and recent dilution, I would bet on a severe slowdown and a potential reversal to create as a result.

Place your bets, folks! I am.

All IMO

$INND