$INO Jumps Higher on Cramerica AttentionINO squeezes into key resistance following a Jim Cramer shout-out on CNBC. If I was long the stock from $2 (which I am not), I would be loving the sound of the cash register at this point.
INO trade ideas
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.
Inovio - LongWe are seeing the birth of a Pharmaceutical Titan
Inovio has a great deal of funding at its back and is one of the first companies conducting clinical trials in the U.S. In addition to this company's strong fundamental backing, it is also up 133% in the last 3 months and both indicators are in agreement showing oversold levels - a clear buy signal. This stock is one to watch as it approaches old highs.
Will INO repeat pattern?Should retest the highs of early March with clinical trials in US announced with China and South Korea to follow. Expect negative stories of lawsuits and historical track record to persist otherwise I agree with many that INO with VGX-3100 could have a market cap similar in range to Moderna MRNA 11B+. That would make INO share price 9x in the 72-80 range.
$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!
$INO long ideaLong $INO 150 shares @ $8.42 for a speculative overnight/swing long as long it doesn't close weak or stop me out before the close. Looking for it to pop back up at least to $12 or so.
News could be presented soon
Scientists in Australia started testing two potential coronavirus vaccines on animals.
They are being made by Oxford University and Inovio Pharmaceutical, an American company; the results could be known by June.
Australia’s science agency said these are the first rigorous pre-clinical trials of such vaccines to use animal testing. About 20 other groups worldwide are working on vaccines of their own.
$INO 1-W Trend EW + Fib -COVID-19 Vaccine advancementsOff-the record analysis with researchers on this vaccine indicate trends may be leaning positive versus negative in the short term. EW assuming that outcome. Set urrrrrrrrrrrrrrrrrrrrrrrr stops peeps
Quarantined ...............
INO - 4/17 10 CALLS - great technicals, low risk - or buy stockI bought 4/17 expiry 10.00 strike calls on March 16 for $1.29. Option is around same price now due to a little theta decay. Here are reasons I like this trade:
RSI stayed around 50 and is now turning up
today's candle close is back over 20SMA
on hourly chart you see some buying volume and stock broke above consolidation
When you look at the sharp move up earlier this year, reward is high, risk is low
Weekly chart looks good for another move up
Daily stochastic still at bottom, which does not support trade.
A higher strike may be better for you, check option volume.
A close over $8 today supports more upside.
INO, BAT PATTERN, possible breakout and retest, 400% possibleI AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
$INO Inovio Pharma Showing Bullish Signs
Watching for positive buy signal on RSI and MACD
Break above $8 bullish
4/17, 10.00 CALLS - possible RSI double bounce off 50If stock holds here, maybe one more down day, and then starts moving up, RSI would have a "W" touch pattern at the 50 line, and it should get a nice up move after that. Watch 30-60 min charts for stochastic to move over RSI and RSI to move over 50.
$ino possible pennant pattern. Going to move up or down soon. i see a pennant pattern. what do you see?
