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Rykin_Capital
Aug 3, 2022 8:44 AM

Inovio is turning. INO Short

Inovio Pharmaceuticals, Inc.NASDAQ

Description

? Wave A or something else. It is unclear what is forming in this picture exactly, but you can see the momentum shift in the candlesticks. Volatility and parabolism have both turned negative to add fuel to the fire.

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.

Trade closed: target reached

Both! 22 SEP
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