Inuvo, Inc.Long
Cup and Handle completed
On the weekly chart INUV formed a year long cup and handle with support at $0.50
Technical analysis:
1. Support at $0.50 for the past 2 weeks, has dipped several times below but always makes quick recovery, resistance at $0.60, if the price breaks resistance we may see a 52-week high in the following days/weeks.
2. Trend line in the upward direction, at the peak of the cup the price shot up to $1.10, then back to the trend line at a support $0.55
Some DD:
-Website advertising company
-Recently released IntentKey an AI software
-300% increase in CTV demand further solidifies strong earnings
-Earnings coming soon (maybe a catalyst?)
Do your own DD , this is only an idea :)
Technical analysis:
1. Support at $0.50 for the past 2 weeks, has dipped several times below but always makes quick recovery, resistance at $0.60, if the price breaks resistance we may see a 52-week high in the following days/weeks.
2. Trend line in the upward direction, at the peak of the cup the price shot up to $1.10, then back to the trend line at a support $0.55
Some DD:
-Website advertising company
-Recently released IntentKey an AI software
-300% increase in CTV demand further solidifies strong earnings
-Earnings coming soon (maybe a catalyst?)
Do your own DD , this is only an idea :)
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.