The elliot is not really valid , but it helps me to see clear wave movement. INO is news based stock, High risk high reward. as long as it stays in the race for vaccine , it should be fine, but one bad news of failure can take it down to $2. That race can last for months to come, so there is opportunity I traded it few times and it works well with Fibs. It was recently downgraded, which reflected in a drop. Very easy to manipulate. Its still in a daily uptrend. My entry level would be around 9.15 (could enter at $10 if it holds) My target would be $13 with 60% of my position and $15 with the rest Short volume has been lowered in past few days, so $10 can be the bottom If it brakes those levels then look for next support at 6.90 Good luck