Long

Another bull flag?

87
Looks like another bull flag is forming right around the 75% fib line... I like the consolidation and low volume... and the catalysts (PR) coming up. INO likes to gap up which always has been filled... I would prefer today it to stay in formation in the flag and run up the channel gracefully and build MoMo to break through the resistance above with force. If I was a betting man I for see the MM will make a flash flush to 2.25ish and then it runs. Beyond that it looks like the handle would be broken and the next stop would be sub 2's.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.