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Get the Stock of the Week Our analyst pinpoints the week’s most undervalued stock and delivers it to our subscribers. Uncover this stock and its true profit potential when you sign up for this free newsletter from INO. Smart Scan Trend Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. Chart confirms that a strong uptrend is in place and that the market remains positive longer term.
Chart is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops. Chart shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops. Chart confirms that a short term counter trend move is underway.
When this action is over look for the longer term negative trend to resume. Chart confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. When this action is over look for the longer term positive trend to resume.
Chart shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops. Chart is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops. Chart indicates a counter trend rally is underway.