Thoughts about Inseego

Arter hitting support yet again, Inseego has broken out of famling wedge, while in a descending channel, both signaling bullish.

The MACD is as of now crossing above the line, signaling bullish as well.

Last week has brought a steady increase in volume.

The earnings which were published a few days ago, seems to not have affected the trend negatively.

I can see the stock go to the 9.70s area, but if it manages to break out of the channel, we may see some really high numbers, like when it soared to 22 in the past.

This is my personal opinion, and is not financial advice.