$NVAX - Major Breakout

NVAX broke out of a Symmetrical Triangle in the begginning of August. After the breakout it started to create an Ascending Triangle. NVAX traded above the $246 key level of resistance for the day suggesting it wants to breakout higher. It is also creating another Ascending Triangle on the 1 hour timeframe, it needs to breakout above $260 to confirm. MACD curling up. All these patterns are very bullish for the stock. Now is the time to scale in! LMK what you think!
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Disclaimer