quinnie0930

NVAX - The FDA finale

Long
quinnie0930 Updated   
NASDAQ:NVAX   Novavax, Inc.
I reworked on my chart last night and this morning the high and lows of the day seem to fall in place.


I expect us to get approved on Thursday which bring the SP to $95 and $100 on Friday. Some pullbacks after but eventually we reach $140 on the 26th.

Let's see how everything pans out. Good luck to the NVAX'ers.
Comment:
APPROVED! Damn I called out this on this one!
Comment:
Don't worry - This will make a U-shape recovery. First target is $66. Might happen as soon as 7/15
Comment:
Updating my TP to 99-100 on July 26th.
Comment:
Short term manipulation. Based on current price action, I see us getting to 80-85 range next week and 95-100 before earning.
Comment:
NVAX is taking its sweet time but get ready for the ultimate short squeeze. We should see 90 in the next 3-4 trading days.
Comment:
NVAX investors, be patient. The bear rally is on and will be on-going. The last 3 sessions were mega-cap pumping due to mega-cap earning this week. Next week will be small-cap pumping. My TPs remain the same. Enjoy your weekend!
Comment:
The run finally started. We'll reach 80-83 going into earning. 100$ close to mid of the month and max out for this month around 112-114 towards the end of the month.
Comment:
I've been updating the chart and here's what I'm seeing.
I think QQQ is due for a little more pullback here to 315 before going back up more. If that's the case, NVAX can go to 57 and hopefully with a surprise earning, we'll see 75-77. Expect the run to continue to 95-98 in the following 3-5 trading sessions after earning.

If QQQ is done with the pullback, and if we have 2 days of continuous rise which I doubt is the case due to manipulation, we should see 92-95 at earning or a few days later. Regardless of the swings in between, I still see the 95-98 target for now this coming week or early next week.

let's see what happens!
Comment:
sorry guys. the EC was unexpected... and painful. I hope you guys are hanging on OK. I'm in the same boat. Don't dump your shares yet, hang around for 1 week for some short squeeze recovery. We'll get back to 57-59 in a week.
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