On the hourly chart the trend started on July 28 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 10.21
But we should not forget about SL = 7.99
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
Looking through charts, CVAC caught my eye for some potential trade opportunities.
Firstly lets look at the candle close of Today 08/01/23
-> We are currently testing this RED Resistance Arrow Line pointing down
-> The candle has a lower wick, indicating some buying pressure
->However, the candle body is small, which may indicate waning momentum
**If price...
CureVac N.V. (CVAC) has filed a patent infringement lawsuit in Germany against BioNTech to assert the company's intellectual property rights which contributed to COVID-19 vaccine development. The company said the CureVac intellectual property portfolio protects multiple inventions that are considered essential to the design and development of BioNTech's SARS CoV-2...
I see that this stock has been very hit lately, the pattern I see tells me that a reversal may be close and that it is completely oversold.
I see that it can return maximum to about 40 dollars in the following days or weeks.
Looking at the chart that gapped down. CVAC has a history of filling the gap. Expecting a gap fill with a risk/reward ratio of 1.57
I am not a financial advisor. Do your own research
Buy at 64.30
Sell at 93.70
Stop Loss 44
First Target 75
Second Target 89-94
THE BIG LONG! Vaccine for the Covid-Mutants! :-)
ENTRY: 44.20 EUR
TARGET: 90.00 EUR (104 % profit)
STOP: 32.40 EUR
- This is only an interim analysis result of the CUREVAC Covid vaccince!!
- Initial analyzes have shown that the effectiveness depends on the age group examined and the virus strains, the company continues.
- The vaccine candidate is in the final...
Opened a position for a longer-term swing on Friday. Bulls are strong here, and I think this is headed for ATH's, but I put some take profits and stops losses on the chart as well as some other details. Like and follow for more :) Good Luck!
Here is my analysis, COREVEC has possibility to grow. Follow to see what will happen.
My mid term target is 150$.
Long term target is 250$
1- Target > $110
2- Target > $130
3- Target > $150
4- Target > $250
Possible low targets
70-75$ level before growing.
If go lower $70 > then $64 and $54 levels are possible.
Look at this. CureVac has been fighting with its resistance at around 80 for quite some time now. But with the next dip, the MA50 will drop below resistance, so in another comeback the breaking of the MA50 could help with the resistance at 80, which after once broken will become a really strong support.
Apart from the technicals CureVac is about to release new...
