Inuvo opportunityThe same idea as the last one but on a smaller timeframe. It looks like the bears have had their fun and it's almost fair game for the bulls from here... Also huge volume coming in comparitively wuhitch can only be bulls at this price level. Watching price action coming days, we will likely still see a retracement/consolidation, also keep an eye on the RSI in oversold territory. But when the signals (stars) align I believe there's going to be incredible upside.
INUV trade ideas
INUV BreakoutINUV gapped up yesterday to close at the .382 fib level at $1.65. The MACD is also also about to cross. In addition the RSI is still on the the cool side and the current price is near the POC line making this a low risk entry. Looks like its gapping up premarket (2/9/21) I think over $1.78 this takes off. $2.35 target
www.weedkiller420.com
INUV Inuvo, Inc. engages in the provision of artificial intelligence-driven commerce solutions. The firm provides platforms that can identify and message online audiences for any product or service across devices, channels and formats, including video, mobile, connected television, display, social and native. Its products and services include ValidClick, IntentKey and Digital Publishing. The ValidClick service is software for publishers that offer a pay-per-click solution where advertisements are targeted to consumers based on content and behaviors. The IntentKey service is a consumer intent recognition system designed to reach highly targeted mobile and desktop in-market audiences with precision. The Digital Publishing service includes branded web properties with content developed, edited and published by Inuvo. The company was founded in October 1987 and is headquartered in Little Rock, AR.
could be good for a scalp next weeknice breakout for INUV last week, first price target would be 3.4 i 2.4 resistance can break and hold. second price target would be 6-7 if it can break into the top blue channel. ill consider some over 2.4 for a day trade next week. leave a like.follow if you enjoy my ideas <3
VANGUARD just invested with 2.6 mil sharesInuvo Prices $8.0 Million Common Stock Offering
has entered into a securities purchase agreement with institutional investors for the purchase and sale of 13,333,334 shares of its common stock, par value $0.001 per share, at a price of $0.60 per share, pursuant to a registered direct offering. The gross proceeds of the offering are expected to be $8.0 million before deducting fees and other estimated offering expenses. The closing of the registered direct offering is expected to take place on or about January 19, 2021, subject to the satisfaction of customary closing conditions.
finance.yahoo.com