Look out for a charting scenario similar to the earnings pop in Macy's from yesterday during premarket. Related link has been included.
Technicals:
1. Trading 2.75 in premarket as of writing, up 26.27%
2. Price has been testing its MA's, with bounces off the 200, 100, and 20
3. MACD pinched, and is turned up
4. Overhead diagonal resistance is currently being tested premarket in the 2.70-2.80 range
Fundamentals:
$NVAX up 22% in #AfterHours trading after news: Novavax NanoFlu™ vaccine demonstrates improved immune responses compared to egg-based, high-dose flu vaccine.
https://www.marketwatch.com/story/novavax-stock-jumps-15-after-positive-flu-vaccine-study-2018-02-28?siteid=yhoof2&yptr=yahoo
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For the complete technical analysis on this swing trading set-up, including full price extensions and bullish/bearish targets, click here: compoundtrading.com/...g-periodical-contact
Technicals:
1. Trading 2.75 in premarket as of writing, up 26.27%
2. Price has been testing its MA's, with bounces off the 200, 100, and 20
3. MACD pinched, and is turned up
4. Overhead diagonal resistance is currently being tested premarket in the 2.70-2.80 range
Fundamentals:
$NVAX up 22% in #AfterHours trading after news: Novavax NanoFlu™ vaccine demonstrates improved immune responses compared to egg-based, high-dose flu vaccine.
https://www.marketwatch.com/story/novavax-stock-jumps-15-after-positive-flu-vaccine-study-2018-02-28?siteid=yhoof2&yptr=yahoo
—
For the complete technical analysis on this swing trading set-up, including full price extensions and bullish/bearish targets, click here: compoundtrading.com/...g-periodical-contact
Compound Trading Group | Founder
New World Ecosystems of Decentralized Finance
#DeFi #MachineTrading #Crypto
New World Ecosystems of Decentralized Finance
#DeFi #MachineTrading #Crypto