Chart source: Poemsview 24th May 2021
Innotek a nice uptrend stock which we caught back in April had a healthy profit taking in May which presented a nice opportunity to scale in. We saw a nice rebound since last week when we alerted our EXCLUSIVE CLIENTS . It was just trading at $0.895 at that time. Since then it has rebounded about 9% to a high of $0.98. It looks like it might challenge the $1 round number resistance very soon and breaking that might see it move higher to the $1.04 previous high resistance. Profit taking might start to come in as traders who were stuck around that range might want out.
We were busy the last few week preparing some charts and analysis for our clients hence the reduced in posting. We’re glad we’re seeing a nice rebound for most of the stocks which we will be sharing very soon. So stay tuned!
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