INMD

INMD

INMODE LTD.





 



InMode Ltd. designs, develops, manufactures and markets minimally-invasive aesthetic medical products. It also designs, develops, manufactures and markets non-invasive medical aesthetic products that target a array of procedures including permanent hair reduction, facial skin rejuvenation, wrinkle reduction, cellulite treatment, skin appearance and texture and superficial benign vascular and pigmented lesions. The company was founded by Moshe Mizrahy and Michael Kreindel on January 2, 2008 and is headquartered in Yokneam, Israel.

One of the best in industry. Beat down from Gaza news. Has not been able to hold/make LLs since. Made big 4 month base with 50dma caught up and under. coiled and turned up and in. 

Just recently on 1/18 made Qtr shift to positive to erase downgap from gaza news. Performance metrics turned green and so far holding.

Queries and most common days are great. 70% Green Qtr close, 80% W/M on most similar days. 

I was a little late buying in so not in as much as I would like to be yet. Would like a pb to hold at MAs to get in more 

Avg in 23
PT 27
Risk 20.30

Have to give space to work still.

1/28

Held well all week near BO levels. Pullin bought up well and I bought more. Giving me new good stop to work with should we see a failed BO.

4hr mas v tight. Can well see another add happening before a big move. D Mas still a bit under but last dip saw big recovery with decent vol. Needs to go soon. 

Next week will see 20 wma in play and more than likely under price it is so vertical moving lower. 



Industry performance has been excellent. With certainly add fuel. 

2/2

Deeper research is exciting here. Similar to HRI, industry very strong seeing big green numbers. Problem INMD hasnt seen it yet still with the large vol prof gap above. But still trickling higher no major concern yet. 

23.11 is average in, and could still have to hold through that should it happen. Industry leaders still acting very strong, but not quite seeing it here. It is Israel name so there could be too much uncertainty here.

Is ths a trade I am willing to let go negative again? 

I say yes. Great Financials. Great industry, stock itself isnt seeing it but thats kind of a given given its -70% Drawdown in a a few months and its only now reclaiming 20wma.

I will let it retset top of volprof zone which is basically my entry, for more adds. But 22.25 needs to be cut spot. 

Queries are phenomenal. Making me wonder if something is broken. Basically telling me theres a bottom here. 

Similar to HSY, we look good for a good pop, but anymore than that I would be holding a pullback for a long while while major MAs get under and coil turning up. 

All in all, were ok. There is reason to be long here, but not max BP, nor max expectations. Letting this one do its thing and well have to judge the next PB if I need to bail on not. 

2/10

We have begun the gap fill. Earnings Tuesday. Industry strong. Gotta let it be but looks promising.

Queries  love the standard deviation returns. Tons of 90%

Letting it go past earnings. 

2/13

Odd. Beat all and new ATH in all financails. Gap down 12% F me. 

Did not cut but wanted to. Industry still strong, rel weakness here. Currently sitting in small loser. Query tells me hold. 75^+ on M green. Into D50ma and W9 and top of vol prof zone for last half year and POC is holidng for now. I will remain with 22.50 stop still. Looking to add down here ideally.



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