InMode Ltd
InMode Ltd. is a provider of medical technologies. It develops, manufactures and markets devices harnessing novel radio-frequency technology. The company serves plastic surgery, gynaecology, dermatology, otolaryngology and ophthalmology. InMode Ltd. is based in Yokneam, Israel.
Analysis/Commentary
Relatively new, but with extremely good EPS and Sales Growth Q-on-Q
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Moving from strength to strength
- Generally beating market expectations
- Further growth forecast
- Entry point should be imminent, and in-line with Slo Stochastic indicator
- A generous stop-loss, but large upside potential is feasible beyond the MID point
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH