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CVAC

CVAC, will pull a NVAX-type surge (x3) soon! CVAC has been under a heavy bear weight this past few months. But it seems like that will change soon. Based on our weekly data metrics a big shift is currently transpiring. The first long term up- shift in almost 12 months has been registered. This is a massive change in trend. We got a break in structure already. More series of ascend will come. Net buying activity has surged significantly conveying position takers are currently active at the present levels in anticipation of weighty future price growth. If you missed the pump of NVAX from 4 to 13.0. CVAC will be your friend for now. Plant your seeds now. Targets are set at 6, then 12.0. Spotted at 3.0 TAYOR.
NASDAQ:CVACLong
by JSAL
7
CVAC - Trade Opportunity Looking through charts, CVAC caught my eye for some potential trade opportunities. Firstly lets look at the candle close of Today 08/01/23 -> We are currently testing this RED Resistance Arrow Line pointing down -> The candle has a lower wick, indicating some buying pressure ->However, the candle body is small, which may indicate waning momentum **If price action CONFIRMS above RED ARROW -> This can be a TRADE SETUP -> If this plays out - TARGET = $10.65 or a potential 17% move -> STOP LOSS should be placed below RED ARROW Notice the GREEN circle indicating a bounce UP from 2 converging support lines -> The 200 DMA -> this is important as if we maintain support on 200 DMA, it indicates Bullish activity, price has a possibility of traveling back to UPPER BLACK RESISTANCE LINE BUT NOTE: This is the first time for CVAC to be doing this, so we have to be cautious, as FAKEOUTS are possible. -> The orange sloping support line ~~ Having 2 support lines converge makes SUPPORT two-folds stronger, which may create ncessary momentum for price to break above RED ARROW Now Notice how the ORANGE SUPPORT LINE coincides with the ORANGE line found on the RSI and MACD -> This is known as a BEARISH DIVEGENCE -> Where price shows a higher low but Indicators show lower lowers. -> This leads to PRICE DECLINES if it plays out, may lead Price Action to go towards the BLACK Support line or where the RED ARROW is pointing at. -> Its also not necessary that it plays out right away, we can technically hit my TARGET of $10.65 and then have the DIVERGENCE play out. *** Regardless of what happens, BLACK SLOPING SUPPORT LINE can be a BUY ZONE with STOP LOSS BELOW this line. This would be to catch a bounce off this line. RSI orange line MUST stay above or act as SUPPORT on the BLACK moving average, this normally leads to PRICE increasing MACD (Momentum indicator) -> must continue this histogram pattern of waning bearish momentum, we must print GREEN histogram. -> There needs to be a BULLISH CROSS where BLUE line crosses above the ORANGE line. -> This would help us breakout of the RED ARROW RESISTANCE STOCH RSI -> BLUE line has CROSSED over ORANGE, and we are ABOVE the 20 level. This indicates BULLISH MOMENTUM. -> We must continue UPWARD above the 80 level, this indicates continuation of MOMENTUM, if we keep this direction -> It may HELP us BREAKOUT of RED ARROW RESISTANCE LINE. CONCLUSION: All in all, we are in a interesting area for CVAC the stock. New things are happening in the price action, that has not been seen in the history of CVAC. 200 DMA acting as support for the 1st time, STOCH RSI Bullish cross and waning of bearish momentum in MACD can be the necessary catalyst to push PRICE above the RED ARROW RESISTANCE. If so TARGET = $10.65 or a 17% Trade. However, it is important to note the BEARISH DIVERGENCE forming, though a sign of DOWNWARD PRICE ACTION, can also lead to opportunity of a trade setup. Never fight the trend, its always better to ride along. Thanks you! Hope this helps, please support my ideas by boosting, following and commenting! Do check out my page of other trade ideas. I have linked a couple of recent ideas ive had, check em out if you'd like. DISCLAIMER: This is not Financial advice, i am NOT a Financial advisor. Thoughts expressed here are my only my opinion and for educational purposes. Do practice due diligence and focus on risk mamangement. Deploy stop losses to protect yourself. Thanks.
NASDAQ:CVAC
by SafofAllTrades
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).
NASDAQ:CVAC
by UnknownUnicorn7005306