Innoviva, Inc.
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INVA Break Out

159
I like the consolidation near the 3 month POC line and also the recent test and bounce off the 50MA. Additionally the 9ema crossed the 20 ema and it appears that the short to mid term trend is intact.

Also the candle closing above the .61 fib level and the upcoming MACD cross lead me to believe that this will break out.

Target: $14, $15.62

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