INO dip anyone?Looks like INO is coming in for a dip buy opportunity!. A round and even number like $20 per share is still a good deal IMO>
0A43 trade ideas
INO Support and Resistance line with a possibly Bullish PannetAs you can see in this chart you will see my outline of the Support and Resistance line up, We are looking for a break out reversal between 26 and 27 the Goal is this company should buy at price of 27 to reach 30 Depending on the Positive Data Vaccine with Phase 3 .
Goodluck Everyone and stay safe.
The Gift That Keeps on GivingThank you to Andrew Left. He is the reason why accumulation and wealth are tied to his Tweets. I'm reminded by a great wealth advisor, "Margin calls create liquidity in the market, too." There is no better example than this chart. So, back to INO: FDA approval for PHII/III on tap, peer review publication on tap, challenge data from CSIRO on tap for animal challenge models Ferrets and primates), DoD announcement for the purchase of the secret sauce, Quarterly in mid august, T-cells becoming the biggest focus (affectionately known for years as the "Navy Seals" by the CEO because INO pumps them out like ice cream shops in the summer, funding on tap once results published in peer review?
INO following market Uncertainty- or FAKE OUT?A failed Harmonic today. Showing signs of Bearish sentiments.
The Harmonic started off badly and got worse. They happen.. but given the DJI and other Global Markets this could be the beginning of the Bear market that's in store. This was a gamble after yesterday close...and it had profitable gains to be made prior to then. The resistance was not just in the recent harmonic, but also the crab formation back from July.. which really sucks.. These violent crab and shark formations always weaken and scare investors (as they should).
The good news is the Crab formation could bounce this week to the upside. If so we could finish the pattern (light blue). Please keep in mind we have already completed a bullish Butterfly right now- but if pricing goes lower it will turn into a Crab formation signalling further lows. I have shown the crab pattern- butterfly in dotted red.
Harmonics are always changing and in markets like this- they tend to fail or form to further downside.. so I have placed the possibilities on this chart as of today. A bounce would be nice.. so stay tuned.
Its still one to watch to reclaim any losses for the day... BIG PHARMA tends to be jerky!
*CHEERS*
