Chart trending above the two MAs is a very bullish move. The cup and handle formation is looking clearer every day.
Here you can see a clean and classic formation of a cup. But where is the handle? That's what I'll be waiting for.
Offerings are usually priced at short term peaks in the market. Watching to see how it acts from here but guessing it looks like dead money now
As an update to my last chart on Inovio, (Which failed to reach the price targets within he time-frame suggested), I still am witness to extremely Bullish signals. Patience is certainly a key when investing in micro-cap bio-tech stocks. Inovio maintains a robust pipeline, recently initiated a phase 1 DNA immunotherapy trial for breast, lung and pancreatic...
On watch to determine direction, notes on chart give possible long and short possibilities