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
- 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
Before Breakout Daily
Intraday Entry
After Breakout
