DarthTrador

$NVAX - Major Breakout

Long
NASDAQ:NVAX   Novavax, Inc.
$NVAX broke out of a Symmetrical Triangle in the begginning of August. After the breakout it started to create an Ascending Triangle. $NVAX traded above the $246 key level of resistance for the day suggesting it wants to breakout higher. It is also creating another Ascending Triangle on the 1 hour timeframe, it needs to breakout above $260 to confirm. MACD curling up. All these patterns are very bullish for the stock. Now is the time to scale in! LMK what you think!

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