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The_OnlyRule
May 4, 2020 12:17 PM

INO Trend line reversal and break out Long

NASDAQ:INO30
Inovio Pharmaceuticals, Inc.NASDAQ

Description

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INO is looking to hold a $10 trend line for its bounce and reversal back to the upside after being downgraded last week.
Watch for breakout RED or GREEN.

Trade active

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Today we'll be testing the next resistance pivot point of $11.51 and than 12.54.
Trend AnalysisChart PatternsTechnical IndicatorsinovioINOpharmaceuticals
Comments
williamjver
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Nice execution.
Nayem1234
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Good work
The_OnlyRule
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@Nayem1234, long call spread for the summer months
XQ8
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On the 4 hour chart, Three white soldiers, held the 50 ma, much breathing room on the TDI and RSI. going to break the 20 Ma today.

I'm in Enovio as wel, look in to CEPI Coalition for Epidemic Preparedness Innovations
The three frontrunners in making a vaccine are
Moderna
Inovio
Cansino
The_OnlyRule
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@XQ8, good call on all those. will be plugging those in today to watch. please post the 4hr time frame
The_OnlyRule
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@XQ8, whats the ticker for Cansino:?
ojamil2
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you think it will test high 8s and have a significant bounce?
The_OnlyRule
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@ojamil2, we will be testing the 11.51 resistance line today and if we break the next leg up if not well get rejected.
ojamil2
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@The_OnlyRule, so we got rejected, where do you feel were headed now
The_OnlyRule
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@ojamil2, still bullish on 2 hr time frime with the linear regression. looking to bounce again for a retest
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