This chart displays an inverse H&S, touches of the LS can be seen on 1.618, and the head touching on 2.618.
We know this is a trend reversal pattern due to the MA currently acting as a support, contrary to the previous resistance line during the formation of the H&S.
This is a weekly chart.
Buy is warranted.
INO - A Gates-sponsored entity.
One to keep an eye upon.
it is a Trading Instrument for the Jumbos when it
gets in gear, look out above.
A heads-up in advance.
INO finally broke back above the 786 fib line. Before the last bout of selling, you'll see this level was an area of support for the former penny stock. Now, thanks to some added excitement from delta news (the variant not the airline), INO shares are popping. They also jumped back above the 786 fib. Now the question is, will it rest the 618 fib like it tried to...
Hope you had good weekend and are ready for this week .
Markets are in funky stage at this point and its definitely hard to predict what will happen . Over all conditions are I think sideways but you never know what will happen , There is old saying is SELL IN MAY AND GO AWAY It could be best approach with this chop market and patience ...
Inovio Pharmaceuticals Inc is a United States based biotechnology company that develops active DNA-based immunotherapies and vaccines to treat and prevent cancers and infectious diseases. The company is engaged in gene therapy, where its immunotherapy platform consists of DNA-based immunotherapy and electroporation delivery technologies.
If you want more trading...
Looking for the juice? Here's where it's at ... .
Options Highly Liquid Single Name >$10/Share With Earnings in the Rear View, Sorted By 30-Day with a >50% Cut-Off:
CRON (43/236) (Cannabis)
AMC (21/218) (Theatres)
TLRY (40/185) (Cannabis)
SRNE (5/165) (Biotech)
INO (4/145) (Biotech)
ACB (11/127) (Cannabis)
NKLA (12/125) (EV)
CGC (23/99) (Cannabis)
Haven't shared a chart for this since June, but it's finally time.
- Biden presidency = continued demand for masks for the foreseeable future
- Premiums are still surprisingly cheap
- Only $250MM market cap, so a move to $100 isn't crazy at all (would barely put it over $1B)
- Clear trend break
- Makes vertical moves out of accumulation
Bullish trend moving in an uptrend. Resistance hitting support on all kinds of levels. Keep a close eye on higher highs and higher lows. I am not a financial advisor please invest wisely and do your due diligence.
Five ascending triangles within one big ascending triangle. All 5 small triangles are filling in the bigger green triangle with upward movements. The small triangles become smaller left to right due to increased volume. Once the big green triangle is filled I expect this will moon. I am not a financial advisor please invest wisely and do you due diligence. Cheers!
QQQ broke the 20 day MA on Friday. Would love to see that level reclaimed for more upside in the market. Here are some levels I see for this week (note, these are intraday levels - not swing levels). Of course, this is just my opinion and I am not liable for your trading decisions.
INO calls over 13.1 or 13.7
If this triangle breaks to the upside we could see big movements bullish for INO. This is not a time to enter, but when we a break through the red resistance where the yellow circle is, we could see that trend reversal in the next two weeks. If resistance is confirmed, expect a retest of about 9 dollars where we could possibly break below. NEUTRAL as of 1/26
INO seems to be a dog in the vaccine industry but maybe it can make some moves soon.
The volume seems kinda light its just consolidating sideways.
I bought at 10.15 and will play it something like this.
At $11 I'll double down and as it approaches $13 I will sell half, if it gets to $15 and passes through it with high volume I'll add but watch out for a false...