Signs are bullish as it has been consolidated nicely through the past couple of weeks. Weathering the 'storm' of our inept gov. Today will be a telling day for both the piss ants in the senate and house as well as $INO. $INO is hitting a bunch of trends technically...
1. major down trends (from the beginning of time) with the red dotted lines.
2. end of the handle
3. End of bull flag
4. upward trend line from the start of this run back in Jun/July.
5. float is increasing drastaclly
I am a firm believer in $INO and will not have a stop loss in place as this is a LT trade... if $ino 'cures' one of the items on their list the sky is the limit... 2 buck is pretty cheap to cure cancer, HIV, the common flu, Malaria, HPV... plus the 7 additional areas of focus... patented delivery model to assist with many others... and a rock solid team.
If I was day trading I would short below 2.03- 2.00. If it does crap itself it should fall back to 1.78 area; where we all should be be picking up more free shares.
1. major down trends (from the beginning of time) with the red dotted lines.
2. end of the handle
3. End of bull flag
4. upward trend line from the start of this run back in Jun/July.
5. float is increasing drastaclly
I am a firm believer in $INO and will not have a stop loss in place as this is a LT trade... if $ino 'cures' one of the items on their list the sky is the limit... 2 buck is pretty cheap to cure cancer, HIV, the common flu, Malaria, HPV... plus the 7 additional areas of focus... patented delivery model to assist with many others... and a rock solid team.
If I was day trading I would short below 2.03- 2.00. If it does crap itself it should fall back to 1.78 area; where we all should be be picking up more free shares.