Solve $\frac{1}{x}<\frac{x}{2}<\frac{2}{x}$. First I consider the case $\frac{1}{x}<\frac{x}{2}$, manipulating to $\frac{(x-\sqrt{2})(x+\sqrt{2})}{2x}<0\Leftrightarrow x < -\sqrt{2}.$ Did this by subtracting $\frac{x}{2}$ from both sides and writing everything with a common denominator.
Second case to consider is $\frac{x}{2}<\frac{2}{x}\Leftrightarrow\frac{(x-2)(x+2)}{2x}<0\Leftrightarrow x<-2.$
Since both of these inequalities have to be satisfied simultaneously, one can combine them to get $x<-2.$ Correct answer is $x\in(\sqrt{2},2)$

$\dfrac1x<\dfrac2x$ is only possible for positive $x$. 
Then we may multiply by $2x$ and take the square roots,
$$\sqrt2<x<2.$$
