CUP & Handle INPX - Huge profit ahead -
Updated
I found this very undervalued company, which is flat since March 2020.
Inpixon provides technologies to monitor indoor flows.
The more I look at this, the more it becomes evident that they would make an excellent acquisition target, technology-rich, cash on hand no debt, and a minuscule market cap. In addition, management is not shareholders so would make an acquisition would be very easy to navigate.
The technology that INPX has amassed is very valuable to an acquirer that can really leverage it through their own pipelines. Something big is brewing, imho, GLTA longs.
If the Cup & Handle will develop as expected could be a sign of a trend reversal.
Inpixon provides technologies to monitor indoor flows.
The more I look at this, the more it becomes evident that they would make an excellent acquisition target, technology-rich, cash on hand no debt, and a minuscule market cap. In addition, management is not shareholders so would make an acquisition would be very easy to navigate.
The technology that INPX has amassed is very valuable to an acquirer that can really leverage it through their own pipelines. Something big is brewing, imho, GLTA longs.
If the Cup & Handle will develop as expected could be a sign of a trend reversal.
Trade active
The handle has been broken with volume and the price action is turning in the direction of the idea. Retesting the cup support
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