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SUMMARY: We recently got a clear long entry on Inovio Pharmaceuticals (INO) on the four hour. Will this COVID play make big money?
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STRATEGY USED: Momentum Mover Trend Confirmation = Fractal Trend Entry Signal = Breakaway Scalper Exit Signal = Breakaway Scalper OR Orderblock Mapping
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DESCRIPTION: 1. Fractal Trend is showing an uptrend (Green background color) on INO.
2. Breakaway Scalper recently confirmed a long entry (Green bar color).
3. We are using the Breakaway Scalper's built in automated trailing stop to lock in profits and limit risk.
4. This trade is best entered immediately, for example via extended hours trading. However, if taking it in the morning, double check to make sure the trade is still valid.
4. Looking at the previous highs at R1 for potential resistance if price moves up.
5. Looking at the Bullish order block and general range at S1 for support if we go lower.