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BioNTech $BNTX making a breakout from flag pattern

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BioNTech SE (NASDAQ:BNTX)  
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NASDAQ:BNTX   BioNTech SE
Trend Analysis Chart Patterns Technical Indicators BNTX REGN uptrend
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trendanalysis chartpattern indicator bntx regn uptrend
BNTX is in a strong uptrend, and last week tested its 50 day MA and its bouncing really good. Today is in focus as the price broke out a continuation pattern with good volume. Also, the MACD is close to make a buy signal with a bullish crossover.

BioNTech has a IBD relative strength rating of 97 and is Rank #2 in its industry, just behind REGN which doesn't have good technicals.

With this buy signal I have a target sell on $266.50 with a 2:1 risk/reward ratio.
Dagangan ditutup: sasaran tercapai:
Sold my position with +16% profit.
Penafian

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