2use
Short

Nvax - Negative divergence on CCI

NASDAQ:NVAX   NOVAVAX INC
94 1 2
Just noticed this after re-looking on my chart. I bit some fingers cursing not getting into it at 3-4, because 4.50 - 5 is a place the stock traded a long time for and likes that range. But it held the whole market slump and reload quite good...too good. There is a negative divergence on CCI , Other indicators on tops, and earnings looming soon. Also it is closer to the resistance of a trading range it followed for some time.

With this, other Biotechs are doing quite well, IBB             does exceptionally well, and should any news on Ebola appear NVAX             may get another raise. Otherwise, seems to be setting up for a corrective action. Even though the whole world today is lifted by Japan, stocks is in red. Some on stocktwits say 6 is in play next week. If it is, i imagine the technicals are going to be pretty overbought...given that CCI and RSI have already spent some time in that territory - and it is not so often they spend a long time there.
Price traded precisely within the ranges outlined
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out