BioNTech SE
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BNTX is facing an armed angry bear !

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Angry bear has mad a weapon integrating three powerful and heavy elements and waiting for the stock to hammer it down !

Long term down trend line , 200 days moving average and lost golden ratio Retracement level are the elements of the bear's weapon.

Can BNTX make a heroic attack and defeat the angry bear? Not without a powerful comparable weapon I think. It needs a brilliant earning report or next wave of Covid or more positive sentiment in all market to survive facing such a frightening enemy.

Anyways, I am excited to watch this up coming battle ! Who wins? Lest follow and watch closely.

Nota
As I mentioned a brilliant earning report ,which never achieved, was necessary to defeat such a strong resistance. It rejected heavily form resistance due to lower than expectations earning.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.