This chart same as previous minus the possibilities. We are at a major area of confluence and so we can go up or down. Lack of price action today is leaving things up in the air. Being we have already rejected its very possible we could go lower. But we can also bounce and go higher. Very indecisive point right now...I figured we would get more down side action to return up.. but this could tank in post market. It could rally just same. so I am changing this to neutral right now. Bu the price point is marked.. with this many big moves its definitely a wait and see type of thing.
VXRT post market shows the initial low was 9.10 and high 10.87... now it is back down to 9.095... LOL... This is an illustration that the bearish shark level has rejected twice and very high probability lower prices will erupt in the am. Lets see what happens. If we get bullish prices Friday I will be shocked...
Stkmk
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@Moorsc0de so you still think this is going much lower?
Moorsc0de
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@Stkmk, i am out of this trade after today- made my gains.. will re-explore later
Sunghan
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Would you do update your idea on this stock?
Many might want to see them..
Sunghan
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You were absolutely right!
Very tricky flow from a couple of weeks til today.
I am so confused now by the chart whether sell or wait for a long.
Is this still have an upside possibility? And next target?
thachcuong2105
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How do you think about new price action of Vaxart and any predict for the new trend?
Sunghan
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I want to see more insight in this stock.
I have a big position but unfortunately, have a big loss.
Need a positive news.
So will keep watch your update!