Looking ready for the buyout.... Best buy is bulding a run.... We hve a bullish formation with some significat top line breaks of a few strong resistance areas. We need a break through 3.60 ...clean and with follow through. This is a low volume stock so any increase in volume creates momentum quite quickly once the big boys start to come in.
This is the kind...
This is purely a Technical Analysis. All My favourite moving averages are close to the price. There has been a nice coiling of moving averages which leads to a breakout. From Elliot Wave perspective it looks like a wave 4 appearing as a triangle. Expecting a Parabolic move as a wave 5. There is a possibility of truncation so keeping my take profit to minimum....
TICKER CODE: VBIV
Company Name: VBI VACCINES, INC
US Stocks Health Technology Biotechnology
Position Proposed: BUY
FOMO BUY ENTRY: NOW READY (3.94)
NEXT BUY ENTRY: (3.30)
1st Partial Take Profit: 6.75(End 2021)
2nd Partial Take Profit: 9.60 (End 2022)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 2.80
1. LARGE INVERTED HEAD &...
DISCLAIMER: I'm not a certified or licensed financial advisor, securities trader, or securities broker; and, this is not intended as financial or securities advice.
DISCLOSURE: I own shares of VBIV
Looking to the upper right at the 4-Day time period tracking pane, I measured out three most recent price increase durations. I cloned those over to this current price...
We have a strong resistance break which will result in a change in trendline from neutral to bullish. This stock is overdue for that run, it will give us a nivce swing trading run and some heavy daytring days on the way to the last resistance.
VBIV has been consolidating slowly with a pipeline of great drugs both COVID and non-covid related.
Definitely expect some price action change in the next few weeks after this shake out - let's keep an eye on these levels.
VBIV CEO Baxter said on a feb 5 2021 podcast that human trials were to begin in the next couple of weeks for their single dose monovalent covid vaccine vbi-2902, which received $56 Million from Canada to produce a vaccine. Today moderna announced forecasted sales of ~$18 Billion just from covid vaccine sales. Once VBi announces initiation of human trials for the...
see easy and self explanatory boxes on chart for Entry, Exit and Stop loss zones. Never chase any stock.
Not for any recommendation, Just an Idea. Like it >> Click 👍/comment, and follow.
Closed from previous Ideas: AEZS for +97% (avg) in 23 days