INQD weekly chart(s) up +13.56% or +$0.08 closing at $0.67 on volume 1,872,593 compared to 1,888,737 last week. With the total volume 1,872,593 we traded 27.1% on an Oct 17 adjusted float of 6.9 million. This post is on my chart & info link thread
Daily chart indicators: MFI continued it's climb above 50. Market sentiment ChiOsc, OBV and AccumDist all took the turn up on Friday. Momentum, trend and volume indicator info are listed at the bottom of this post.
Using 3 indicators- momentum, trend & volume. You are watching for trend entry, will retail support your decision and how strong to expect any move you enter will be
StochRSI - overbought and oversold levels in RSI indicates momentum StochRSI signals Be In the stock or Be Out of the stock.StochRSI shows 2 indications: strength & overbought/oversold, because it graphs like an oscillator.
DMI - price direction / ADX strength indicates trend ADX is non-directional; it registers trend strength whether price is trending up or down.
ADX Value Trend Strength 0-25 Absent or Weak Trend 25-50 Strong Trend 50-75 Very Strong Trend 75-100 Extremely Strong Trend
CMF - A/D strength divided by volume = pressure indicates volume CMF is a volume indication good for pressure expected when a move starts.CMF shows pressure. 0 is zero + positive, - negative