INOD - Episodic Pivot - 2024-11-08

INOD Trade Summary

Performance metrics and trade details for INOD breakout.

Stage
2
Catalyst
Earnings Report
Risk
4.3%
Gain %
45.0%
Market Condition
Bullish
Entry
OPB
Stop
LoD
Exit
Reached Target
Reward Risk Ratio
10.5R
About

Trade Summary – INOD (November 2024)

INOD posted a blowout earnings report after market close on November 7, 2024 — building on strong results from the previous quarter. The broader market was already surging post-election (Nov 5), setting the stage for momentum.

On November 8, INOD gapped up 25% pre-market and continued trending higher throughout the session. Entering via a 1-minute open range breakout and exit near the final hour for a  +40% gain.

Following my trading rules, Day 1 and Day 2 were both extended (10x ATR from 50 SMA). Selling the remaining half position on Day 2 added another +50%, averaging out to about +45% profit across both days.

Before Breakout Weekly

INOD - Episodic Pivot - 2024-11-08 before breakout weekly

Before Breakout Daily

INOD - Episodic Pivot - 2024-11-08 before breakout daily

Intraday Entry

INOD - Episodic Pivot - 2024-11-08 intraday entry

After Breakout

INOD - Episodic Pivot - 2024-11-08 after breakout

Market Correlation Analysis for INOD

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