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
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,...