When we have two ceilings and a lower floor, it is equal to the beginning of a descending channel that can be drawn and in the direction of the same channel in the support and resistance areas.
Hi Guys, this is a Technical Analysis on BionTech (BNTX) on the 3 Day Timeframe. We are currently approaching a MAJOR RESISTANCE Trendline. This Trend started from the TOP in 08/2021. Everytime we've interacted with it in the past, we've been REJECTED. Will we get Rejected again? Well, we've had 3 touch points already. In trendline theory, it states that...
BNTX a Germany company in the biotechnology and vaccine sectors out of Europe and Germany is looking good on the 2H chart here with a volume profile and an intermediate term VWAP overlaid. Price bounced off the bottom of the high volume area of the volume profile and looks to be ready for a reversion to the mean and even a sling-short move. The target here is...
BNTX (BioNTech) Healthcare sector German company. Produce the BioNTech biotechnology. Partnership with Pfizer. Nice long bottoming base since March. Triple bottom . It looks like a rectangle pattern . All moving averages turning up . A move above the blue zone (>195) could take it to 248 and maybe more. I'm long with a stop at 165. Trade safe!
Doji (W) on both stocks Fundamentals are terrific: Forward cash and equivalents make those stocks nearly free ( pipeline, production capacity, distribution networks priced at 0) : - most contracts for 22 are already signed and/or partly cashed in (US still negotiating for MRNA), - contracts signing for 23 has started as well as governments have to be ready (...
I see an Interesting range, when it brakes above I will wait for a confirmation and Jump in. Why now buy at the bottom and don't risk too much? Above Resistance (with Confirmation) - BNTX Great Place to buy for a LONG! - TILL $300 - ANALYST SAY $212. SO GET PAID on the WAY
Angry bear has mad a weapon integrating three powerful and heavy elements and waiting for the stock to hammer it down ! Long term down trend line , 200 days moving average and lost golden ratio Retracement level are the elements of the bear's weapon. Can BNTX make a heroic attack and defeat the angry bear? Not without a powerful comparable weapon I think. It...
BNTX will pop-up on next earnings day. Technicals suggest the stock has been building a bottom the last couple of months. Now is well above the 50 day EMA and it is begining to challenge the 200 day EMA. The P/E ratio and Forward P/E ratio are in the low single digits. I expanded my position when BNTX crossed above the 50 day EMA.
Buy Above $ 170 TGT- 180 TGT-2- 186 SL 159 Sell Below 159 TGT- 153 TGT-2 149 SL 165
$bntx has NO volume support until green box 24% lower... #bntx —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every...
News - Better than expected Q4 EPS and sales results, the company expects to authorize a shares repurchase program up to 1.5B over the next two years. Levels -$195 is the next major resistance level. $138 is the next major support level. The stock is gapping up to $183 (pre-market). The idea is to go long at the open when it will try to test the $183 support...
BNTX has broken out nicely upon earnings it also aligns nicely with the pattern price is portraying which is an ascending scallop, commonly considered a bullish pattern
We just finished Elliot wave 1-5 and ABC pattern, already bounced off of a strong demand zone and 71.8% fib zone we can enter right now but our R/R ratio is 1.7 since we missed first bounce, what we are looking for is a retrace to our entry point ant 71.8% fib zone and enter there. Also market made a gap at 182 zone which has to be filled. Also a gap at 325 zone,...
Pfizer looks to test $50, and possibly the gap around 46~ if things get really ugly. Omicron is looking really promising as granting significant immunity after infection, which should reduce demand for further vaccinations. These vaccines companies have YEARS of covid priced into their stocks... Short side is getting a bit long in the tooth for new entries,...
50sma has been an important moving average for this ETF. We see 3 consecutive tests of the 50sma as resistance and a bounce lower. As we see lower highs and lower lows, the bearish trend is confirmed. I expect we fail again and test the blue line ($144.5).
Enter after breaking the trendline. Even if the end of the epidemic has a big impact on the price, it is still possible enter a long position and be a winner!
BNTX looks to be in a descending wedge and coming to its peak. I have highlighted the red line horizontal resistance levels to watch in the event of a breakout. Orange lines are the nPOC levels of interest. Green line should be major support area at 120. Descending wedge PT would be top of wedge.
Biontech seems to be at a critical point and repeating a couple of previous runs. Pattern will be more defined by next week whether that run would happen or not.