Novavax shares ( NASDAQ:NVAX ) surged over 130% after a $1.4 billion deal with Sanofi was announced to commercialize its Covid vaccine and develop a new combination shot for protecting against the flu and Covid. The biotech firm announced a licensing agreement with Sanofi to sell Novavax’s Covid vaccine worldwide, with Sanofi paying Novavax $500 million upfront...
Bitcoin Digital cash system and associated currency Bitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive system based...
AstraZeneca's stock experienced a significant decline of over 4% on Monday due to uncertainties surrounding the future of CEO Pascal Soriot, as reported in the news. Initially, the company refrained from commenting on the report but later clarified that they do not engage in discussions regarding market rumors. Their shares, listed as NASDAQ: AZN, closed down...
I copy pasted the previous cycle chart and it literally looks like a copy. I am long here, I have confidence that we will definitely not go below 20k. The indicators are also the same, with 1D close to resetting; I expect us to top out at 35k around May 2023.
2019 fractal to scale with similarities so far. $25K needs to break for bull-flag confirmation. $30K needs to break for +80% upside target to ~$50K.
During Covid-19, the market significantly dropped in price. Post this retracement, the market recovered swiftly. With many indicators such as inverted treasury yields pointing towards an impending recession, we form the following view on the S&P500. We envisage the market to drop significantly during the coming months and see the marked investment zone is a good...
Nifty Analysis in the Shadow of Covid Situations in India and China and world over. How Nifty has been behaving with fears of new wave of Covid situations in India.
Accumulation or distribution? Wychoff wants to know! Phase C, Spring Stage? M.Cap is below CASH, Best in Class vaccine with over 43+ International Approvals. It’s just amazing what Nova’s teams have be able to accomplish(for its size) around the globe!
$MRNA Joe Biden says the COVID-19 pandemic is over. After breakdown 140 zone , now we ca go to 115 lvl june lows, #doublebottom #markets #stocks $SPX
the inability of NVAX to properly capitalize on the covid vaccine is a sign of a poorly managed company. was the rise from near penny status exceptional? of course. was the following wealth destruction of epic proportions? sure was. endless upset longs continue to exit as all good news acts as a selling event. this will be a ride back to single digits for a...
We have a long-term weekly EUR/USD double bottom on the horizon. Although it’s more than a 100 pips off, it never hurts to be prepared: COVID-19 Double Bottom, 1.0635-37 Here's the trade: 1) Buy 1.0655 2) Initial Stop Loss @ 1.0594 3) 1:1 Risk vs Reward, Profit Target @ 1.0716
hello traders, as we see it's counterpart - gold - losing steam, we can see a turn-around in pound aussie pair. also usd bullish strength will help this pair. we also see economic news for aussie - rba meeting minutes which can impact this pair. mar 14th - 20th aiming for $1.81 or above. OANDA:GBPAUD
Neutral. I just see a possible scenario. I hope we break the trend line and move to 72k. It's still early too say, but we still not break any resistance yet. I just think this choppiness is to completely kill leveraged traders from both sides before the take the plunge to 19k.
Maybe a repeat of the 2019 bullrun? That would mean the 4-year cycle can be kind of correct when counting from bottom to bottom. The bear could be a few months shorter than 2014 & 2018.
nature is healing, narrative is falling... it was never about ur health
Technical Reason: 1. Failed to break $160 ( three times) 2. RSI strong negative divergence. 3. Elliot Wave Complete 4.fibonacci 161% is at around $115 level Fundamental Reason: 1. Long-term Covid effects in this industry 2. Higher Inflation. Increasing oil prices will further hit the industry negatively! 3. Company's debt is very high, lower operating margin....
This idea leans a bit more on speculation, but it is something that's crossed my mind recently. Given the IMF practicing for cyber-attacks specifically aimed at the global financial system, it gives worry of a covid like crash that'll break support at 30k. Not to mention how close the current price action is now resembling the price action of back in March...
Previously (see linked idea), the MACD model projected " a new wave should be approaching and happening in India in December 2021, going into 2022." This was back in October 20, 2021 Just started as expected! Seen that the last week of 2021 and first week in 2022 is registering a spike, and a greater spike following. Albeit the spike is not as pronounced yet,...