Swing on Inseego

Currently there is a big hype over 5G and I think Inseego is one way to play.

In a quick view, the stock looks like it is drawing a flag or a symmetrical triangle; but I think Inseego will draw a "W" shape instead to finally draw a bullish rectangle.

Looking back 30 ma has been support and resistance so breaking 30ma could turn the stock to "bearish" mode real quick; so make sure you have your stop losses.

Target: $20
Stop: $17

Chart Patterns

Haftungsausschluss