Making her run up... crossing all lines... get in while you can... tomorrow is going to be epic.
picked up 5k more at 1.78. Hit the TA lines perfectly on the 1 hr chart.
Very interesting the flag intersects with the downward and upward trend line right on Nov 6th... INO's ER date. Coincidence??
Pumping has begun... lets pray for a pos. ER; so we have no dumping.
50MA is coming up next week and the last two times it hit... it exploded. The handle has solid definition and support at 2.00 with strong bids at 2.05-2.06. There are major trend lines coming to confluence at the end of next week. And by that time the Stoch and MACD should be in line for a upward trend. Due to the large float the machines will take over and...
Thanks to our Inept Gov the last two days were guided by panic and fear = the perfect time to buy. There are major core trend lines that we can use to set a lo risk stop loss on. It filled the gap it needed to yesterday and also bounced hard off of the .618 fib resistance line.
Lets see how many bullish vs bearish things we can find. So far Volume Cup and handlle Upside down heads and shoulders bull flag can be seen since August 5th slow stochastic K crossover to the upside RSI going up MACD about to crossover Accumulation up trend Volume up Two day green confirmation Bounces hard off 2.05 on 50 fib line 2.39 is 68 fib Above...
All you haters and shorts if you cannot read the chart you deserve to loose your money...
Signs are bullish as it has been consolidated nicely through the past couple of weeks. Weathering the 'storm' of our inept gov. Today will be a telling day for both the piss ants in the senate and house as well as $INO. $INO is hitting a bunch of trends technically... 1. major down trends (from the beginning of time) with the red dotted lines. 2. end of the...
Looks like it is trying to break out of a odd looking bull flag... It needs some volume or a MM to do the nasty with it to get some movement. This is a long term investment... If one of their 12 drugs cures something... 2 bucks is a joke as where it sits currently at 400MM market valuation... when they just got 420MM from roche for 2 of their drugs......
Looks like another bull flag is forming right around the 75% fib line... I like the consolidation and low volume... and the catalysts (PR) coming up. $INO likes to gap up which always has been filled... I would prefer today it to stay in formation in the flag and run up the channel gracefully and build MoMo to break through the resistance above with force. If I...
it is outside its negative trend line and bounced to fill the gap... after lunch should be interesting... I like the base and consolidation...
Just like all the smart people stated:)
The chart speaks for it self.
Shorts are covering... if they cannot see it they deserve to loose their money... It will hover here to do some consolidation... then up up and away