The News around Insy are bad for the stock - the Sentiment is bearish.... Now we are trading near the lows, a possible turnaround Level. Should we break through the former lows further heavy downwaves should be exspected
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aha
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SuzzyZeon
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good
Guybrush80
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I don't think so.... I think the most important thing is that INSY escaped from descending triangle (see green lines in my chart). Bearish sentiment because ER has been delayed. I think SP will rebounce from 9.5-9.6 . Note a new figure is forming, symmetrical triangle (see blue lines). Slow stochastic shows oversold situation