Symbol: NASDAQ:NVAX Indicators Upper: Delta Volume On Chart: ALMA x2 Lower: Laguerre RSI Comments 1. Look at the Large Volume Imbalance and how the price trended after. 2. The widening separation of our Moving Averages. 3. Bottom Indicator Showed Bearish Trend Continuation... Option Choices 1. Sell Covered Call (Collect Credit) 2. Buy Put (Pay Debit) 3....
NVAX brekas below line, it will move down for couple of days.
The vax includes SM 102 a toxic flammable liquid causes cancer, toxicity to organs, and skin issues. Doesn’t make income and has no products that are profitable. Worth no more than $5.
Based on the long term trend being breached and overall pressures in the market, i expect it to drop further to $75 in coming weeks. I would expect some consolidation in the current area for next few days before a further downtrend resumes.
$Target 138 was called out in the post here
Once it retraces above $210, it can be shorted for the target of $140.
Symmetrical Trangles can break either way. A period of consolidation and is considered a neutral pattern. Triangles can also be continuation patterns. NVAX has broken the upper trendline Price cam up to form this so touch one is on the upper trendline. The 5th touch can be the charm but not always. This one broke the upper trendline on the 5th touch. Price...
Watching price reversal zone on $NVAX, we took this long from 206 to 262, lets see if we get a reentry chance, prz zone due to 3 triggers per Gartley Pattern rules
Governments around the world are desperate to ramp up inoculations in fear of a second or third wave of Corona coming through and potentially decimating their economies if they are forced to shut down again. Novavax going through a Bolly Breakout with significant volume. Will it be another bull run?
NVAX two inside days in a row last week. Watching above 217.25 for an entry. Earnings on May 5.
Possible eve and adam double bottom pattern. 630 possible if this stock makes new high.
NVAX is looking to complete its correction wave pattern. Its holding above its moving averages at the top of the flagging range. It is close to the apex of the range looking to breakout. Looking this to run to 250 area.