INO trade ideas
Waiting for Gap in Inovio Pharma Inovio Pharmaceuticals, Inc. is a late-stage biotechnology company, which engages in the discovery, development, and commercialization of DNA-based immunotherapies and vaccines. Its drug candidates include SynCon immunotherapies which helps break the immune system's tolerance of cancerous cells; and CELLECTRA delivery system which facilitates optimized cellular uptake of the SynCon immunotherapies. The company was founded by David B. Weiner on June 29, 1983 and is headquartered in Plymouth Meeting, PA.
Bearish signals near-term for Inovio PharmaceuticalsInovio'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 !!
INO 4.5yrchart showing long term trend, near term brkout....Clear uptrend, recent gap up, social is up......
- phase 3 vgx 3100 trial hold on device shelf life length review expected soon....
-look for vol over 20 million compared to about 700k avg...recent phase 1 gap up on over 30 million.
-cleared $11 in premarket, topped out around 12. I was in @$7.04 sold w price improvement all shares i had between 11.10-11.25. Of the plus 30 million that traded
that day only about 1 mil went between 11&12 in pre market. The day range was 8.70 to 9.80 ish.
-Expected heavier vol relative to phase 3 1st for INO.
******imo, once ph3 fda hold lifted pre market could top high teens w normal trading session in the $13-15 range.***
its play time
i'm
knoxcreek on stocktwits
Giddy up!
been on this cat since mid 2013