ISIG Insignia Systems Biggest Gainer of The Day Retraces

Written By: Owain Higham

Insignia Systems Inc. (ISIG) opens up over +30% as the biggest gainer of the day, but is now retracing its move.




What Does The Heatmap Show?


Shortly after market open, aggressive sellers took prices below the VWAP. Retests of the VWAP failed, and aggressive buyers were unable to push prices above.


Large offers sit above the current market at 30.00, as well as at smaller levels layered down from 28.00 – 25.00.


The CVD is turning negative, now around -331,327 shares. However, relatively large Bids (half the size as the large Offers at 30.00) sit in the order book at 18.50, just below where the stock opened today.




Disclaimer: This content is for informational purposes only and is not trading advice.


Receive updates about new articles

Follow us on social media

After a relatively volatile week in $ES_F price is now back where we started, hovering around Monday’s open at $3963.75

Could this be our first weekly doji of 2023?

Large buyer on the bid at $3945, sellers on the offer above $3078.

Barboza shares a potential short setup on #TSLA for #bmbluejacket 

"... interesting to see price react off the 5$ increment major liquidity levels like Precision is always talking about🧐"

Join the content competition:

Don’t sleep on the Stops and Icebergs add-on.

Part of the MBO bundle, it provides real insight into the market - offering something few retail traders have.

More information here:

Learn More About Bookmap