INGN
INGN - Long Setup INGN - Watch for break of resistance. Couple of buys in September. Small tho. Would consider $70 March Calls.
INGN long idea.INGN looks good here. Its price is above the supporting moving averages. Still plenty of room before it hits the 200sma. This si a former $280 stock.
INGN Selling Short Earns Higher Profits FasterThe Inogen Inc. chart shows that it takes much longer to reach a Peak new All-Time High. However, a Topping Formation or Business Bear Downtrend occurs much faster. There is triple or quadruple the points profit in half the time when selling short a stock as compared to buying it going long in the market. This stock is now at a support level and is no longer a viable sell short candidate.
$INGN testing 200 EMA support ..I'll be looking for a long position $INGN around this zone at 200 EMA. Not financial advice.
