INO trade ideas
Inovio Pharmaceuticals - Short term not only COVIDNext 45 days packed with potential catalysts -
Friday ASCO poster with REGN regarding 2nd Cohort 85% 12 Month OS, Glioblastoma GBM
Results from COVID animal challenge data on ferrets and monkeys, (mice and guinea pigs published last week),
CEPI funding announcement, WHO, GATTES?
COVID PHII announcements in Korea and China,
FDA Approval PHII U.S.,
Inclusion in Warp Speed announcement,
Prostate Trials - Parker Institute
Inovio Pharmaceuticals Technical AnalysisTechnical Analysis:
Wait the end of the price retracement before buying
Fundamental News
Inovio Pharmaceuticals (NASDAQ:INO) is a late-stage biotechnology company focused on the discovery, development, and commercialization of synthetic DNA immunotherapies and vaccines for treating cancers and infectious diseases.
Inovio's stock is up about a whopping 220% year-to-date. It is widely considered to be one of the front-runners among companies developing a COVID-19 vaccine
$INO Upside Break-out from a symmetrical triangle?Looked like INO had an upside breakout from a symmetrical triangle (Mar - Apr topline). Trading just below that trendline as of May 22, but found support at the 13day moving average. If it was a false breakout and the 13day doesn't hold, look for support from the bottom half of the symmetrical triangle around 12.
INO has more than Covid going for it!Hello all! I will like to disclose that I have been an early investor in INO since 2008! So unlike a lot of others that are new to Inovio, I really know this company well. Do not listen to CITRON as they are speaking from ignorance and not knowing anything at all about what a company like INO does or is about. \
That been said... I have been keeping a close watch on develop.60ments from INO, they have a whole lot going for them. What people don't realize is that to run such an innovative company it requires burning through a lot of cash. They have nothing out in the market right now but a whole lot already in the pipeline. I really do believe INO is one positive result news away from getting to new highs. We are looking at $15 here if we can break and get outta that zone it be off to new highs. I believe we would have already hit new highs if not for the timing of that horrible Citron research article.
Strong support around the $8 area but I don't feel like we will go that low. If we do I would accumulate even more there.
To me, no other vaccine company has more upside than INO. Keep in mind this is all speculative and nothing is guaranteed.
Nothing looks shaky about INO in fact I would argue that it has been holding up very well even with the FUDI am looking at $15.60 area as the next area we need to break and stay above to continue to get to new highs.
The truth is I can't and no one can give you a target for INO.
Trade wisely my friends
INO - 5/8/2020INO - Ichimo 2H chart shows a turnaround is near as tenkan sen is about to cross over kijun sen. It depends how high today's closing price will be and golden cross uptrend could stay or not. INO is still under the cloud. In order for it to go through the cloud, it needs to stay above MA(5) $10.75 first. Unusual options of May 15 $13.5 call buying reached 20K now. This could be just a piggyback bet on coronavirus vaccine industry from the good MRNA news as re-opening business will be starting from next week.