Shares of Innerscope Hearing Technologies Inc. (OTCMKTS:INND) traded lower Monday putting an end to a three-day winning streak.
Market Action
Innerscope Hearing Technologies, Inc. (OTCMKTS:INND) closed Monday at .0221 off .0029 down 11.6% on the day. Volume was 61.5 million shares on 1748 trades. Trading opened at .0248 and ranged between .021 and .0254.
INND To Present at Virtual Investor Conference
INND announced to investors Monday its CEO, Mr. Matthew Moore, has been invited to present at the Diamond Equity Research Emerging Growth Invitation Virtual Conference on Tuesday, May 11, 2021.
InnerScope will be the only OTC: Pink company invited to present alongside NASDAQ listed companies for the May 11, 2021 virtual conference.
Mr. Moore is scheduled to host a virtual presentation to institutional investors at 12:20 p.m. EST / 9:20 a.m. PST.
Traders Notes
INND has been sliding since it hit .06 in April. Since then the stock is down 63%.
INND is trading below all its major moving averages.
Potential pivot points to keep an eye on are .0266, .0282, and .0326 above and .0222, .0194, and .015 below.
There is a posibility Tuesdays presentation may be a catalyst to turn things around. If they don’t the next stop for INND looks to be the .016, .017 area. If things don’t hold there .0095 is a real posibility.
Bulls are hoping Mr Moore has a great presentation and new investors enter the market.