INO ready for new highI have taken a long position in INO here.
INO is in human trials for covid-19 vaccine with safety results expected in late June. Multiple possible catalyst including further funding. NVAX just received $388 million from CEPI and with INO being one of the few in human trials for covid-19 vaccine already, further funding for INO is likely as well.
This is not a recommendation to buy.
This is not financial advice.
Inovio
INO inverse H&S heading to diagonal resistance LONGInverse H&S heading into diagonal resistance that has been tested four times previously. I've been holding this as a value play, but it seems as if technically-speaking, it will break out soon. Obviously, pay attention to the markets as a whole, don't bet the farm on it ;-p. Not financial advice.
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
Not too late to buy INO(maybe MOON)Possible pull back reasons:
BTC halving: Millenials are into crypto and a lot of people made money June last year before the LTC halving. People are hyped because this is the last major halving for 4 years. And might be selling their stocks or fresh INO gains to get into BTC. PLUS miners usually plan ahead for the bitcoin halvings and buy extra equipment to not suffer any major losses. BUt CORORNAviruis might have put a stop to the equipment the miners need to keep BTC mining profitable. If that is true then we might see something close to 2017. But I expect miner had their equipment before this all happened. Or will get it in the month before the next halving.
People forget: America moves fast. if something major happens on Monday it's lucky to be stilled talked about the next Monday. So people are naturally not talking about the coronaviruis and people might care less and less about the vaccine by the time it is ready to be sold. We are aslo seeing states open stores and businesses more and more. That will distract from a vaccine as well.
Overall, INO is into more than just a COVID19 vaccine. And I think, after some interview I've seen recently, Mad money, the CEO and the company is run with good intention and have good products. So, it could pull back but I see recovery if that happens. a pullback happening would probably take some bad press or fake news.
Inovio: $17 to $21 short (Overvalued + Small Dip)Please remember everything I say is on the basis of opinion and not meant to be face value. That being said, Inovio pharmaceuticals is overvalued given its hugely bullish increase, but has one of the biggest growth potentials for 1 to 3 weeks. Again, this is likely a quick sale stock rather then long term. A primary reason for the quick sale would be the fact that Inovio is working on a Coronavirus related vaccine. Given this, you could expect a potentially sudden increase in price, but soon just as sudden or as deep of a decrease. That is why it would be good to invest in the dip (which slightly just passed), but still hold this for a few weeks, then reinvest much later on, when news is about to come related to clinical trials and such. That way you put less risk on a hugely bearish decrease. The post-market is already negative, but I think next few weeks Inovio still has even some growth potential in its continued bull run. It does look like this small biotech company should be on the watchlist for many investors. Though I recommend a swing strategy, this doesn't necessarily condone doing a long hold instead, but it is less risk and has better potential (in my opinion).
Long INO; Inovio Pharmaceuticals to the MoonNOTE:
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SUMMARY:
We recently got a clear long entry on Inovio Pharmaceuticals (INO) on the four hour. Will this COVID play make big money?
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STRATEGY USED:
Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping
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DESCRIPTION:
1. Fractal Trend is showing an uptrend (Green background color) on INO.
2. Breakaway Scalper recently confirmed a long entry (Green bar color).
3. We are using the Breakaway Scalper's built in automated trailing stop to lock in profits and limit risk.
4. This trade is best entered immediately, for example via extended hours trading. However, if taking it in the morning, double check to make sure the trade is still valid.
4. Looking at the previous highs at R1 for potential resistance if price moves up.
5. Looking at the Bullish order block and general range at S1 for support if we go lower.
$INO - just LOOK AT THESE PATTERNSBill Gates invested in this company, PR is good every week. Volume is going to swing up I believe with the fast advancements they are doing and the increasing publicity. FA + TA confluence here is a beautiful thing, and it's beneficial for society. What more could you want in a trade and long term investment? Fib + EW + trend... cheers!
INOvio in a good position to go higher up, but in a lock atmThere is an interesting lock the stock is in now. It is in-between several key lines and the following days could tell the short-term future of the stock. for now it has been keeping itself on top of 2.50 as it is a key level.
Several points lead to a higher position from here.
- Major point: DMI, MACD, RSI, Stoch and Acc/Dist show potential up side from these levels, though it may dip lower before that as MACD, Dist, and Rsi have some room to dip to the lowest part of the range
- The price bounced a bit from an area that is within the lowest range of the up-trending channel .
- Wave counting gives a hint that it is either in the last wave still or ready to change the trend and get into a new wave count, with first one leading higher.
- Price bounced off a strong support level several times in all the past sessions
- Price seems to keep within the 150 DMA
There are several indicators of a possibility of going lower:
- The recent trading volume is weak, indicating not enough steam to push it through the recent down trend
- A series of lower highs within the day view coupled with the first negative point shows the mood is for going lower.
- Dipping lower 200 DMA may lead to a spill, next resistance at ~2.00
- Given the low volume, it is more probably the price will go down to 2.00 and decide its further action from there. It will still be attractive up to earnings at the price between 2-2.50