cerealtrades

covid vaccine maker trying daily higher low (NVAX)

Long
NASDAQ:NVAX   Novavax, Inc
novavax blew up after announcing it was making a covid vaccine. they eventually parléd this into a montly uptrend that lasted until september '21. since then it has seen a major decline. the stock is attempting to end that now, or at least find a temporary rally from new multi year lows. this could lead to a short squeeze zipping the price back up towards weekly highs targeting around 94-97
Comment: tightening range should break soon
Trade closed manually
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