1. InMode (NASDAQ:INMD) InMode is a highly-profitable company that has been basing for several months now. It’s creating a cup & handle pattern that can break out to the upside any week now. Resistance areas to watch for now are around $40.30, $42.50, and $48.30, as indicated in the chart below. We’re waiting for a pullback near $35.50 to increase our position.
3 Stocks to Watch This Week - January 8, 2023
3 Stocks to Watch This Week - January 8, 2023
3 Stocks to Watch This Week - January 8, 2023
1. InMode (NASDAQ:INMD) InMode is a highly-profitable company that has been basing for several months now. It’s creating a cup & handle pattern that can break out to the upside any week now. Resistance areas to watch for now are around $40.30, $42.50, and $48.30, as indicated in the chart below. We’re waiting for a pullback near $35.50 to increase our position.