snoooop40

Bearish signals near-term for Inovio Pharmaceuticals

NASDAQ:INO   INOVIO PHARMACEUTICALS INC
Inovio's daily candle chart has completed a "classic" Head & Shoulders pattern as of Oct 2018.
So far the rising neckline ($4.87 today) has provided support but looks as though it may give way. There does appear to be ~some support~ in the $4.70 - $4.74 area.
If share price continues to trade in the ($4.80 - $5.10) range, a DEATH-CROSS of the 50 & 200 SMA's is also looming.
In my opinion an opportunity to purchase in the $4.0's would be a gift !!
Happy trading to ya's !!


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out