I am thinking about adding some more shares, however I wonder if there will be a slight pullback soon? We have had 5 days of strong growth, what are the chances of the price falling back to around .75 either today or tomorrow?
I am aware that there will be several conferences which INO will be attending, each with a possibility of attracting new investors and perhaps higher share price with it. Also, INO has just finished forming a strong cup with a handle chart pattern which is a very bullish sign.
Have I missed the chance of getting cheap shares for now?
These two bear raids this morning came exactly one hour apart. I guess it's too late to tell people to watch their stops. Regardless, you can expect profit taking, but this was a classic bear raid, period.
It may be due for a small pullback because we are getting overbought. But I think .75 is now a good support so I will buy more around there if it does pullback. This could also push through .99 before starting to pullback. You just never know sometimes.