new-recommended-broker-banner new-recommended-broker-banner

Inmode (INMD)

Updated: 31 Oct 2021

Entry level: Monday open. Lower risk entry was on $91.50 on Friday, but should the market continue higher, INMD is likely to follow in a similar style to end of august and end of September moves

Price target: Use 21-day EMA as a sell guide. Previous 2 moves produced around 20 and 28% moves, which might be happen now as well

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .