StockFetcher Forums · General Discussion · Watchlist for 7/29/21 (DAY TRADE THEORY)<< >>Post Follow-up
0Fx2Give
1 posts
msg #157288
Ignore 0Fx2Give
7/28/2021 2:16:38 AM

INOV:
Shows a new 90 day high
Current price is $37.25
RelVol is 6.37 with a 12.96% gain
Entry around $35.18
PT $50

CATALYST:
Earnings released 7/28 (slow day for trading)
Nordic Capital is talking about buying INOV

THEORY:
Slow day but lots of traffic here. FOMO should kick in tomorrow (after those who do DD find out about the
earnings and only had a nearly 13% gain for the day). 2 Mil vol vs. 426.88k on a 3m avg. Lots of unusual
attention. In the last 3 days volume has been increasing. I'm basing my entry point assuming there will be a
slight pull back in PM or right when market opens. Finviz is showing short float at 5.40% I'm assuming
some will start to cover tomorrow.




snappyfrog
653 posts
msg #157342
Ignore snappyfrog
8/7/2021 12:21:16 PM

Good call. Moving up nicely.

ron22
255 posts
msg #157344
Ignore ron22
8/7/2021 3:32:49 PM

https://www.barchart.com/story/news/2201880/dxc-vs-inov-which-stock-is-the-better-value-option

This is an interesting article by Zacks that compares INOV to DXC.

StockFetcher Forums · General Discussion · Watchlist for 7/29/21 (DAY TRADE THEORY)<< >>Post Follow-up

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