Inovio Continues To Rally, But Hits Resistance

Inovio Pharmaceuticals Inc INO shares are trading higher by $0.13 at $11.33 in Tuesday's session. It's trading higher for the third day in a row and for the fifth time in its last six sessions. On Monday, the company received approval long with GeneOne Life for the first-in-man vaccine clinical trial.

So far, today's rally has peaked in a familiar area at $11.61. That high coincides with multiple highs at the $11.50 area since April 29 from $11.50 to $11.69.