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InvenSense, Inc. Message Board

  • mr_peanut645 mr_peanut645 May 12, 2013 4:05 PM Flag

    Text book perfect

    Good things should occur this week. Gapped up and formed a new base at the 200 DMA, formed a flag, shorts are a low percent of trades,and volume is drying up. In a normal market a quick run to $15 would almost be a certainty but as we all know certain elements manipulate the market in their favor.
    With that all said, I still expect a nice move very soon.

    Sentiment: Strong Buy

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    • this_isnt_my_real_alias this_isnt_my_real_alias May 13, 2013 12:45 AM Flag

      flags/pennants Are my favorite patterns. I was trying to post about it the other day, tried four times, and I must've mentioned something in my post that the censors didn't approve of and wouldn't let it post. I mentioned a chart site in my post and I think that's what they wouldn't let go through But you are right, this is a classic pattern INVN is in right now. If the market holds up I see the 52 week high, or pretty close coming here before very long.

    • Let's hope. Got a lot of $$$ tied up waiting for the move because I don't want to miss it. lol. My luck I re-position for the day and the thing takes off. lol.

6.18+0.11(+1.81%)May 31 4:02 PMEDT