$INSY Thursday The after hours INSY share price t
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Posted On: 01/18/2018 8:51:35 AM
$INSY Thursday
The after hours INSY share price took a slight tumble. The morning trading will have to make up a dime or so to get back to the upward trend.
The $9.00/share level looks to be difficult to break. The low side (close) for the past week has been pennies below the $9.00/share price. The high side (close) has ben in the $9-teens/share level. The previous run-up to almost $12.00/share seems to have been put on hold.
The Good News is that the $9.00/share level is still attractive to investors who are looking a few months into the future and the potential return to the former HIGH share price near $15.00/share.
The Bad News is that IF the share price continues to rest around $9.00/share, those who bought around $5.00/share may decide to take their profits AND the share price will once again go down.
If buyers see long term profits and drop thoughts about short term gains, today may start a period of VERY slow share price growth. Why? The volume appears to have returned to former levels instead of the multi-millions it had grown to.
The after hours INSY share price took a slight tumble. The morning trading will have to make up a dime or so to get back to the upward trend.
The $9.00/share level looks to be difficult to break. The low side (close) for the past week has been pennies below the $9.00/share price. The high side (close) has ben in the $9-teens/share level. The previous run-up to almost $12.00/share seems to have been put on hold.
The Good News is that the $9.00/share level is still attractive to investors who are looking a few months into the future and the potential return to the former HIGH share price near $15.00/share.
The Bad News is that IF the share price continues to rest around $9.00/share, those who bought around $5.00/share may decide to take their profits AND the share price will once again go down.
If buyers see long term profits and drop thoughts about short term gains, today may start a period of VERY slow share price growth. Why? The volume appears to have returned to former levels instead of the multi-millions it had grown to.
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