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johnjsolecki
1
johnjsolecki Mar 06, 20 9:39 AM

I dont see INO dipping anytime soon. It made a huge gap up from momentum, but due to the economic situation I dont antcipate it moving down enough for a buy anytime soon.

johnjsolecki
1
johnjsolecki Mar 06, 20 9:40 AM

INO may consolidate in the 10.5 range

Spennyxyooj
1
Spennyxyooj Mar 06, 20 10:04 AM

DRAD was doing good in the morning but it became a head and shoulders pattern

TessaLamping
1
TessaLamping Mar 06, 20 11:40 AM

I haven't traded today.. too many to watch for me and im still not feeling the best. Been watching $SPEX since the low 1's and was waiting for an entry but it kept spiking and then it was too high for me. Then I thought the panic to the 1.3s might go lower so I didn't buy the dip either. Just studying this hot sector.

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johnjsolecki
johnjsolecki Mar 05, 20 3:41 PM

I would have used a FIB instead of the box. I am currently Long on a Call option and just riding the wave. Currently in after hours and the stop is hovering at $9.6. I would recommend looking at the history of the chart before entering. If you see similar setups that will give you a basis of the way if could work out. Look at 2013 on INO and you will see it looks familiar. (Just a little different, but same concepts)

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