I will be following this one very closely. Today's price action is very alarming having jumped over 20% on the day as volume reached 17 M vs its 6M daily average.
I plan on capitalizing on the hype and volatility that this stock generates and will be sharing some thoughts on the lower time frames.
Current price sits at 14.68$.
Targets lie at 15.90$, 17$, 22.50$ and possibly higher 👀
I plan on capitalizing on the hype and volatility that this stock generates and will be sharing some thoughts on the lower time frames.
Current price sits at 14.68$.
Targets lie at 15.90$, 17$, 22.50$ and possibly higher 👀
Nota
4H levels im looking at, we have just broke past an important resistance with huge volumeFor my own records i had bought and sold here in order to restructure
and looking to enter at a retest of resistance turned support
the unpredictable volatility of this stock may change plans, stay on your toes
Nota
alright picked up a decent position past two days. made some mistakes along the way and i will add my thought on here for full transperancy to my growth.Nota
we got the drop after i sold of my initial position but i placed my order at 14$ flat and the low went to 14.03$ and my orders did not executeThat was extremely frustrating, so i waited to see if we would drop but we kept climbing and the 1H chart showed positive signs of trend continuation here
after looking at the 15 m chart i thought the retest might have already happened here on this box of consolidation
so i picked up shares only after the hourly close but the stock fell shortly after. ahhh that was a combination of not enough patience and FOMO
this was my final buy and my position is now set
Nota
OK, so we returned below that line of resistance, but we have successfully completed a mean reversion as price sits on the 0.5 FIB level and above the 50 EMA and have retested that previous high.I plced a larger order at the 0.50 fib level having funds taken from my
WEN position.I think we look good and can jump to 16$ for a 17% gain from current levels. With the right volume this can happen very quickly as this stock is only at a 2B MC!
Nota
that doesn't look pretty. Going to ride the volatility and not lose sight of the bigger picture, We got CPI tomorrow. Will strike at the bottom one last time Nota
We holding up here as the QQQ falls following CPIThis is what ill be looking at now in terms of the daily
Nota
very disappointing and unpredicatable. FDA news cause us to tank and well my stop was immediately gapped over. This trade was purely technical and is now invalidated. Best to cut your losses at a potential dead cat. I'm going to stick around to see how true some of these FDA allegations really are. Nota
We are at a very critical area here, a break below this last line of support indicates to me an earnigns gap fill down. Earnigns right around the corner and im feeling optimist as Zachs sports it good still and we have seen positve movement within the last couple earnigns.
tradingview.com/news/zacks:39826a3dc094b:0-here-is-what-to-know-beyond-why-novavax-inc-nvax-is-a-trending-stock/
Lets hope for a good one, or its time to call it a day
Nota
earnings pushed back well have to wait a bit longer. again, a break from here and its game over Nota
couldnt have gotten any better news before earnings! I had my doubts about that FDA halt and hopefully my conviction pays offs. im feeling optimistic. tradingview.com/news/DJN_DN20241111005967:0-novavax-to-move-forward-with-covid-19-flu-vaccine-after-fda-lifts-clinical-hold-update/
I missed the open today, but we are holding this support well so far. BIG day tomorrow!
Nota
Earnings not impressive enough, Forwards guidance low. FDA not enough to save this. Might have been a calculated liquidity grab. NVAX is breaking support and is likely to gap fill down.Nota
still keeping my eyes on this, surprisingly we have not gone down to gap fill. We may see more upside as there are buyers keeping it from falling off the cliff hereNota
this aged extremely well, NVAX has climbed over 20% in the past couple sessions. Breaking that medium term resistance will be key hereNota
NVAX struggling to break resistanceholding support will be key here
Nota
interesting report and huge move up let see if momentum continues to retest that line of resistance
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.
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.