allout06

NVAX Next move

Long
NASDAQ:NVAX   Novavax, Inc.
Will NVAX finally bounce here? It sure is showing some major BULLISH divergence here on the 4H, the 2 week has test it's lower band, and momentum on the monthly is still very much bullish. We had to expect some kind of correction with months of hard bullish runs. With NVAX having to get through Phase 2./3 clinicals and FDA approval along with Fauci possibly accelerating that approval, there are some good catalyst to push this higher. $100 is a great entry for a 2x and 3x roi. High target on this is $300 for my personal position.
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