Hey guys so NVAX had a nice bounce today from its open at 240 and closed at 273.98. It was a solid day I'm not too happy about the volume though due to it being pretty low. The stock is not going to have a tremendous move if there is no volume. We need to have above average volume to see a nice spike above 300 again. Now with the EU news coming possibly end of this week or next week I believe NVAX is going to skyrocket. I am still staying strong with my bullish target of 400 by end of February due to the amount of volume and buy orders we are going to have with the incredible EU deal. Even if EU does not come out this week we still are very oversold on the indicators and have destroyed Pfizer’s new SA variant numbers which show only 20% effectiveness on the new variant. Ours is 60% if you forgot, so we are in good shape right now do not be intimidated by shorts and hold strong!!
Is this probably going way down after earnings tomorrow?
bossballer41
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Well, halfway to $400 I guess.
Stockguy222
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@bossballer41, I am not wrong I was expecting news this week or last week but I was wrong, EU and FDA are going to take a little longer than I expected but I am not wrong. NVAX will hit 400 and will go even higher once the news comes out. That would be the jackpot day, I am telling you with news this stock is going to explode.
Stockguy222
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@bossballer41, News will come in late March from what NVAX reported.
khushdilkhan13
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Good Analysis...
lets suppose we reached to 400 mark, what should be the move?