Curevac
Trading Idea - #CUREVAC (hope for the mutants)THE BIG LONG! Vaccine for the Covid-Mutants! :-)
ENTRY: 44.20 EUR
TARGET: 90.00 EUR (104 % profit)
STOP: 32.40 EUR
- This is only an interim analysis result of the CUREVAC Covid vaccince!!
- Initial analyzes have shown that the effectiveness depends on the age group examined and the virus strains, the company continues.
- The vaccine candidate is in the final stage of clinical development.
- CEO Franz-Werner Haas announced that one had hoped for stronger results in the interim analysis.
- But continue the current study until the final analysis.
COREVEC has possibilty to grow up to 250$Here is my analysis, COREVEC has possibility to grow. Follow to see what will happen.
My mid term target is 150$.
Long term target is 250$
1- Target > $110
2- Target > $130
3- Target > $150
4- Target > $250
Possible low targets
70-75$ level before growing.
If go lower $70 > then $64 and $54 levels are possible.
CureVac's time will comeLook at this. CureVac has been fighting with its resistance at around 80 for quite some time now. But with the next dip, the MA50 will drop below resistance, so in another comeback the breaking of the MA50 could help with the resistance at 80, which after once broken will become a really strong support.
Apart from the technicals CureVac is about to release new study results in mid-April, which might give another support. Over all, there lies a great future ahead of this stock.
CVAC Curevac found the bottom on 0.382 fib levelAfter a huge runup CVAC found a bottom on 0.382 level but made a lower high bouncing around 0.786 fib level and 0.382 fib level making a double bot on that 0.382 fib level. The momentum right now is very bullish and if the previous lower high just above 0.618 fib level is broken it will very likely continue its uptrend after retesting that lower high and breaking the $82.69 price target into another highs retest into 1.272 fib level ($95.43 price target) after which it will pullback again. If the prior lower high is not broken that was around $66 price target then it will very likely go down further to 0.236 fib level($46 price target) or consolidate even more and creating a triangle formation. If it creates a triangle formation then any news catalyst will very likely break out to the top even up to 1.618($111.64 target).