For Risk Tolerant InvestorsNVAX got Fast-tracked for its RSV vaccine. Currently theres no approved vaccine. NVAX has been an a bullish run ever since and I was unable to catch it at $4.50. I hope that the stock will retrace to .5 FIB and find support at the 100 Simple Moving Average before the start of the the 3rd quarter. If it does I will be looking to buy NVAX at this level because some time in the 3rd quarter is when NVAX will announce its RSV prevention vaccine Phase 3 results. This announcement could soar the stock to 17 by middle of 2017 and it will definetly send it past its all time highs of $15; it could also send the stock tumbling if it fails,. As a result, if NVAX can get to the lowers levels, I will do the math to see if Call Options would be less risky than actually owing the stock because if the news comes back negative I believe NVAX will tank to below $1.50. This gap depending on the amount of shares may be more risk than the money put down on some Jan17 Out-of-the-Money Calls that go to zero. Some NVAX Jan17 10 Calls will probably be selling for .35 to .55 if the pullback occurs and if the news was bullish those contract prices would quadruple instantly. You could then sell them or own the stock. I would probably own the stock and sell out-of-the-money calls for the rest of my life to pay my rent as NVAX finds support at $15....LOLLongby the_get_manUpdated 111
TRADE IDEA: NVX COVERED CALLThanks to TheBanker and the Biopharma chat room for spotting this one ... . A little bit of research on its implied volatility percentage, and voila, a diamond in the rough, premium selling play ... . Metrics: 100 Shares at 7.56 Sell Aug 19th 8 short call Whole Package: $620 debit (6.20 will be your cost basis in the shares) Max Profit: $170 if called away at $8/share or about at 27% ROC Naturally, this isn't ideal, since the bottom it put in was way below here. Because of that, I'm doing this small, just in case their Phase III RSV trial doesn't turn out as stellar as hoped ... .by NaughtyPinesUpdated 1
$NVAX ... RSV looks intriguing! (another biotech)Read more info on clinical progress here - novavax.com www.tradingsignalreviews.comLongby TheBanker8
Potential Short Set Up This price zone could see short term buying support. However, watch this region to see if support turns into resistance which would send price under $5Shortby TradingMula3
NVAX Day Trade Retest Gap (Brad Reed Mar26,2015)NVAX expected around 7.32 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com Shortby Reallifetrading0
NVAX still moving upI believe NVAX will continue to move up over the next 1-2 weeks, until it hits $9.85-$10.00. At this point, I think it will hit resistance at the longer term upper trend line. I am also watching to make sure it remains within the upward channel. If it breaks out to the right, I'll exit my positions.Longby BillyStaples1
Nvax - Negative divergence on CCIJust 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. Shortby A-shot112
Anticipation of Phase 1 Ebola Trial Sends This HigherMention Ebola and boom break out! finance.yahoo.comby Y2C4
Accumulate under $2This stock has a long term patter consisting of slowly breaking down PPS (Below $2) then a rapid spike upward (Above $6). This pattern of below 2 to past 6 has occured 5 times in the past 15 years.... That means major returns for those who can accumulate and then dish shares at a 200% gain every few years.by DK10
working on a handle here but structure is troublingAnticipate a retrace to test fib supports. Notes on chart - wait for confirmation of support before initiating new longsby MaxxPayme1