FocusWithin

About to shoot up !!

Long
NASDAQ:VBIV   VBI Vaccines, Inc

This is purely a Technical Analysis . All My favourite moving averages are close to the price. There has been a nice coiling of moving averages which leads to a breakout. From Elliot Wave perspective it looks like a wave 4 appearing as a triangle. Expecting a Parabolic move as a wave 5. There is a possibility of truncation so keeping my take profit to minimum. Overall its a nice Risk Reward set up.

Please share any knowledge if you trading this stock. Thanks for reading