INO - 5/8/2020
INO - 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.
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