Thursday, May 23, 2019

Double Day New 78 Day High - INS

May 23, 2019
I was trying to offset my New 78 Day High filter on Stockfetcher back tracking 261 days ago, and I found a gem called INS. This stock may have gone from the radar of most traders because it was trading on less than 50K shares. The highest peak it had was Jan. 6, 2017. Then after 1 year and 4 months it made a New 78 Day High with a volume of only a meager  21.5K on May 9, 2018 . But what was surprising is it made again another High the next day with a volume 469% higher than the previous high. For 10.9 years the price had always been $5.00. The New day 78 Day high with just 21.5K trading volume had made a high of 6.24 breaking out $5.00 and $6.00. Then the following day with the volume of 100.9K shares made a new high of 7.64. It did pull back at 6.50 after 5 days but after that it never looked back reaching a high of $48.89 for exactly 365 days (1 year), that's 783% increase. Currently it is standing at 543.26%.






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