A Major Reversal is Imminent Closed on a higher high, extremely low selling today, for anyone looking to buy or average down on Inmed I suggest watching for the break of .30. Inmed touching .30 will create a higher high and would make the 3rd bullish day in a row with is a sign of a major reversal. IF we break .30s, we will be back on our way to an uptrend and the next resistance isn't until .38.
Happy trading everyone!