WalkingTheMarkets

Double top Wedge Overextension

Short
NASDAQ:NVAX   Novavax, Inc.
I can feel the dump. We've formed a double top with this second leg creating a wedge as well as an over-extension of the Tenkan-sen. If not ripe for a reversal certainly a pullback--at least that's what I'm betting on.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.