Short

Covid could be endemic within weeks with Omicron. MRNA? PFE?

Updated

While we need another week~ to confirm, many leading scientists are pointing to death rates anywhere from 30% to 90% lower with Omicron. Yes, it's still problematic but there's hope for the first time in a long time. What happens is Omicron becomes the dominant variant and the majority of people have minimal symptoms?

We could see a DRASTIC repricing in some of the vaccine stocks, particularily MRNA. Fair value on MRNA is likely <$100. If we can't reclaim $315, I think we will see $180 and possible $150 within weeks.

I bought some OTM puts for a lotto play :p.

Note

Looking good so far - looking for $180~ still. SHORT ALL RIPS IN THE COMING WEEK

Note

$250 is key support, when that fails we will get our targets.

Note

Below support, momentum continues to tank. Bullish news is not moving the stock. Even if I were a bull I'd be scared... look how the stock reacts to "good" news like new vaccine contracts? This is PRICED IN.

Note

$230 is the line in the sand for bears. I still expect 170-180 to be visited, likely next week at this stage. The CEO is speaking monday am so should see some big movement there, the markets reaction will be very telling

Note

WHAT A MOVE. ABSOLUTE DESTRUCTION. TARGETS STILL VALID 170/180~ and possibly lower. 180 should give a bounce

Note

Targets HIT. We could still go lower but I am taking significant profits here

WLinvestment

White Lake Investment

Also on:

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.