Looks like another bull flag
is forming right around the 75% fib line... I like the consolidation and low volume
... and the catalysts ( PR
) coming up. $INO likes to gap up which always has been filled... I would prefer today it to stay in formation in the flag and run up the channel gracefully and build MoMo to break through the resistance above with force. If I was a betting man I for see the MM will make a flash flush to 2.25ish and then it runs. Beyond that it looks like the handle would be broken and the next stop would be sub 2's.