Is it a coincidence that these volume bars are almost exactly the same? I think not........
Great start to the week for $AMC bulls. If they can maintain control of this stock, 19-20 is possible by the end of the week. Very little resistance to the upside.
RIDE and WKHS future is linked by their pasts. or in other words, as WKHS goes so goes RIDE...just delayed a bit. Watch for bump up soon.....they ride (pun intended) together.
Fear of USPS contract going to WKHS will have shorts covering. More folks will pile into WKHS because of Bidens comments/EOs. Near target 55. Expect high 60s low 70s in Q2.
Taking a flyer here. Looks like sellers are tired and having trouble pushing the price down. Absent any news, positive or negative....Short term opportunity to test the highs in mid 4s
$VBIV continues to amaze. Just when you think the run is over trader propel this stock higher. Following the old adage - "don't fight the trend" we see VBIV continuing to rise into earnings Aug 3 with brief profit taking along the way. Day traders paradise. Longer term...we're talking weeks...expect VBIV to bask in the glow of being the only self described pan...
Check out the open job positions that Innovio is hiring for....read the responsibilities. They are preparing for all out war against Covid19. www.inovio.com Adding to option position in anticipation of funding news which should be coming soon. Its that simple.
All it will take is a little positive news to sent $INO to new 52 week highs. Lots of news potential in July. Support in low 20s confirmed. MACD about to go green, trend is up. Establish call option position here and add on the way up.
Relative Strength, MACD and volume falling. Expect low 50s by end of next week.
The bloom is off the rose. Once it falls below the psychological level of 50 expect $NKLA to fall quickly to the low 40s and test support at high 30s.
Plenty written about the warrants and upcoming registration sale here: seekingalpha.com This week NKLA will take pre orders for their new truck. Would you buy a truck not knowing where you can fill it up with fuel? Thats essentially what NKLA is asking you to do. Company has already said they will not share pre order numbers. This is a tactical way of dealing...
Earnings and brief annual shareholder call this past week was upbeat and confident on all fronts including INO-4800 for covid 19 and INO-5401 for GBM (brain cancer). $270 million in cash on hand with an $85 million annual burn rate. CEO commented that costs to develop and manufacture INO-4800 would not fall on company but come from outside sources. Lots of money...
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.
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.