NVAX shares just broke back above the critical $50 level. Its current pattern is either a constructive pause in a continuing trend, or a failure in the making organized as a violated bearish descending triangle with a bear trigger at $45. The straddle is in play.
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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.