NVAX has been in a large triangle forming, A-B-C-D-E if this is the reversal.
Short term there is bullish divergence on the RSI between the lows and PT of 150-160$ is reasonable. May be some pullback afterwards, very volatile stock
On the bigger picture volume profile is perfect and if triangle breaks to the upside seeing a potentially explosive wave up.
Fundamentals for NVAX are strong. NFA do your own DD
Short term there is bullish divergence on the RSI between the lows and PT of 150-160$ is reasonable. May be some pullback afterwards, very volatile stock
On the bigger picture volume profile is perfect and if triangle breaks to the upside seeing a potentially explosive wave up.
Fundamentals for NVAX are strong. NFA do your own DD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.