NVAX According to Elliott's waves theory, we finished a cycle from $230 to $85, plus an extension to $66. Now we have started a new cycle, which, I assume is until the bottom of wave 4 of the downtrend cycle at max. My target will be between $110 to 126$. Then we will start a corrective wave structure ABC until wave 4 at about $90.
Note
and this is the ABCDE structure inside the 4th wave indicating a bullish move.
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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.