jdm0038
Long

INO: Cup With Handle

AMEX:INO   None
184 5 0
Perfect set-up
Do you think the cup formation was long enough to be a true bullish sign?
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jdm0038 PRO flapbreaker
Normally we would like to see the "U" part of the cup form for several months but in this case, IMO we have enough major news to support a major breakout. We should break $3 with this formation and at that point, shorts will be forced into a short squeeze, MM's will quit the massive manipulation, and the other partnerships will send this thing flying. Once again, IMO
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So far so good...
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do you think it's breaking out now or is the handle still forming?
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jdm0038 PRO flapbreaker
After today we will know if we are breaking the handle or not, but so far it looks as if we are coming out of the handle. At this rate we should see a breakout this week IMO
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