Replies to post #58725 on Innerscope Hearing Technologies Inc (INND)

[Ihub Rookie]

No, TECHNICALLY this company is on the RISE thanks to the imminent FDA final guidance coming.

This company is ready to roll out retail partnerships once the final rules come down.

Not to mention products already coming for 1499 Walmart stores, thanks to the $11 million purchase order.

And kiosks in many retailers already, like Hy-Vee, Food City, Hartig Drug.

The $INND train is just beginning.

[trading.jeff]

Let's see if any of the following is "technical:"

The pps moved up ~40%, today: nope, not technical; very organic.
There were 95M+ shares traded: nope, not technical; rather, this volume was due to fundamentals.
There were nearly two buys for every sell (see link below): nope, not technical; people are accumulating in anticipation of the FDA's favorable guidance.

https://ih.advfn.com/stock-market/USOTC/innerscope-hearing-techn-pk-INND/trades

The pps broke out above its cup with handle formation: maybe technical, but, since this company is running on fundamentals, technicals and charts can be tossed out the window.

Bottom line: Today's move was not a technical move. Kind of clear as day that Innerscope is not a pos, either, especially when Walmart is putting HearingAssist (Innerscope owns this company) kiosks, displays, and products into nearly 1500 of their stores, about a third of Walmart's total number of stores in the US (time for some due diligence).

$INND