After the scandal of trading.. .perhaps this has come back. Its been a silent and deadly asset. Noticing its drawing some strong support right not at 9.10... the move here is on a bearish shark pattern which will be pretty quick, but the gains 45%. Its so tempting I have to get in now. Set your stops... if your going to test these waters!
Keep in mind bearish patterns can reject and turn into bullish one's. Just use caution!
LETS GO! WOLFPACK!
Trade active
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Entered Trade at 9.12
Trade active
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Trade low after hrs reached 8.80- back to 9.10
Trade closed manually
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Liftoff this am at opening bell!!!!...Pre-market high 10.44... Closed trade temporarily at 10.91. Will re-explore next entry for upside potential!
Re-entry appears to be looking like $9.09 area... so for anyone that didn't get in on the first go.. can get the sloppy seconds :) But these will be the kind you want to be in on.
Hard to say if it will get there during market hours.. so you may have to get in early or wait for the pump tomm am...
thachcuong2105
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Looks nice Bro. What is the expected target price?
Moorsc0de
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@thachcuong2105, short term 13.13... but see the bearish crab.. all depends on how the harmonics play out. They are not definite's they just reveal price action and areas of strength and weakness... the goal is to exploit the areas of strength to your trades. If everything plays bullish could be upward to 53.60
Moorsc0de
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@thachcuong2105, Keep in mind I havent even gotten enough info for the crab harmonic.. it could end up being a butterfly.. Harmonics are constantly evolving.. but this is the template for now.. With more data and price action- we can start to make more definitive moves..but given the supports and existing action.. it enables me to know what may happen in future.
thachcuong2105
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@Moorsc0de, Thank you. Let see how it moves. Just followed you to see more interesting analysis :D
thachcuong2105
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@Moorsc0de, Just another question, How do you think about Novavax especially the price action today post-market. Dump and pump within 1 hour. Looking forward seeing your analysis on MRNA and Novavax. :D
Moorsc0de
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@thachcuong2105, Havent looked at it in 150 days or so.. I have a chart for NVAX- I have my eye on Moderna- but nothing has caught my eye with it just yet... .. Ill go back and look at them tonight. Made a lot of money on NVAX back in March.
Hard to say if it will get there during market hours.. so you may have to get in early or wait for the pump tomm am...