52nd day of QQQ short term up-trend; Judy’s pick–INVN

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On February 21, I told you that my stock buddy, Judy, liked INVN.   INVN has since consolidated and then moved to a new high on above average volume on Monday.   Check out this daily chart.

Judy picks stocks by their “concept” and often discovers gems long before others do.   I am keeping an eye of INVN, as is IBD.

 

2 thoughts on “52nd day of QQQ short term up-trend; Judy’s pick–INVN”

  1. Although I am long this stock, I do sell calls at overbought points, usually out of the money . That way I can stay in and smooth out the “bibbles” Typically I buy them back for small % of the premium I collected when I think stock has reached support and will resume uptrend. I did add to my position on the bounce off the 50sma besides buying back my calls.

  2. Very well, Judy. Two months ago I bought INVN at $13 and more at $17.50, but almost sold it now at $20.00, but didn’t. Do you or Dr. Wish think INVN has formed a cup with a very high handle? Thanks.

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