Inspired Entertainment Inc. INSE
The markets had a really rough go of things on Friday which caused problems for many, if not most, stocks. INSE was among those few that managed to buck the trend, as the stock continued to exhibit bottom-bounce characteristics. That’s why we wanted to place INSE on recovery watch, just on the heels of its quarterly report.
The overseas virtual sports gaming company relayed considerable revenue growth for the period, while outlining its intent to penetrate further into the North American markets. INSE is going to be an interesting play to watch into the New Year, as it already received positive feedback from a trial run with the Pennsylvania lottery.
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InSys Therapeutics, Inc. INSY
Speaking of bottom plays, the similarly-designated INSY also just caught our eye this morning with an attractive bottom-play setup in the works.
As you can see from the included snapshot of this one, the stock is quite oversold, and has established a fairly solid level of support from which a considerable rebound may be possible.
Extended Watchlist:
SGSI, QCOM, XPER, VLRX, CLDX, LEVP, APHA, NTRI