NVAX Reversal soon
Sense a reversal soon for nvax. MA and very strong support levels on $199. At this point, if it gaps down, it will probably gap gaps down 2 levels and reverse within the $175-$187 range. It doesn't seem to like reversing in the $187 to $199 range. If not, it has upside until $225, likewise it doesn't seem to like to reverse between $225-$235,. Then, potential reversals betwen $235-$250, then $285. Until news comes, I think we can expect to be trading within $180-$250. Nonetheless, I think it will extend gains nicely, PT of ATH on this bad boy sometime from now till Jan.
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