MRNA Taking Profit, Watching for a add LONG after a pullback.MRNA has been on fire since the earnings beat 4 weeks ago and has added 60% to its market cap
in the past three months. It compares well with NVAX which as a prior penny stock has more
volatility and upside potential. In general vaccine stocks are performing well as COVID RSV
and influenza vaccines are active in research are Viral Hepatitis vaccine enhancements and
the drive for an HIV vaccine.
MRNA is strong and perhaps becoming overbought. The mass index indicator has topped and
maybe falling to the trigger line. I will take a one- third partial off my position here
and wait for a pullback with reversal to add back into the position at a lower price.
The tandem of MRNA and NVAX has been very profitable for me. Careful in trade management
will help me keep it that way.
VBIV
Can VBIV jump again like earlier this month?VBIV popped 50 % to begin July and then promptly lost 75% and has been low volume and
sideways since. I have not been able to discern any catalyst for that action. Earnings show
an ongoing cash burn. In the past couple of days, the Price Volume Trend indicator has
detected a small increase in the price volume product. The Relative Trend Index (RTI) indicator
has gone from negative to positive on July 18th while the dual time frame RSI indicator
showing 1 hour TF in blue and daily TF in black has shown bullish divergence with the lines
rising over the 50 level and the blue line above the black line. Price crossed a VWAP band line
on July 18th as well. The analysis supports a bullish bias and a set up for a long trade.
I will trade long and find an entry on a 15 - 30 minute chart looking for a pivot low
to take that position. I will target 2.25 and 3.00 for the time being.
NVAX Biotechnology Watch Dead Cat Bounce LONGNVAX is fundamentally weak with a shallow pipeline and no products currenly marketed
to fund earnings and so research. On the 15 minute chart , NVAX is seen near to its
demand zone as shown by the Luxalgo indicator. In the meanwhile, the RSI indicator
shows considerable recent strength which is decreased today.
So the question is whether NVAX can dead cat bounce with a potential 20% uptrend
to reach the supply one or if it instead will break support and continue its descent
from a double top April 14-17. I will watch this for the price action to determine
whether to take a long trade or short sell this again. Other " vaccine stocks"
may be in action as well including VBIV, VCNX, VAXX and MRNA.
This may be their best batch yet....Looking ready for the buyout.... Best buy is bulding a run.... We hve a bullish formation with some significat top line breaks of a few strong resistance areas. We need a break through 3.60 ...clean and with follow through. This is a low volume stock so any increase in volume creates momentum quite quickly once the big boys start to come in.
This is the kind of trade where you will load up slowly to a nice position before the accelaration and dump happens.
Good luck!
WATCHING $VBIV for ENTRY TARGET @ 3.19WATCHING $VBIV for ENTRY TARGET @ 3.19
Look to the right. Entry target in grey. Sell target in green. Double position target in red. That’s it.
VBIV BUY/LONG NOW READY! 3.30 to 9.60 by End 2022!TICKER CODE: VBIV
Company Name: VBI VACCINES, INC
US Stocks Health Technology Biotechnology
Position Proposed: BUY
FOMO BUY ENTRY: NOW READY (3.94)
NEXT BUY ENTRY: (3.30)
1st Partial Take Profit: 6.75(End 2021)
2nd Partial Take Profit: 9.60 (End 2022)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 2.80
Technical Analysis
1. LARGE INVERTED HEAD & SHOULDERS PATTERN (Forming 2nd Shoulder)
2. Area of Confluence on EMA & structure level
3. Fibonacci Retracement at 0.786
4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone) - This take profit is also at Key Level
5. 2nd Partial Take Profit will be at level 2 of Fibonacci Expansion Blue Zone.
6. Take Profit will be in the same price range as the Flagpole.
Note that there might NOT be a RETEST FOR A RE-BUY ENTRY
Getting ready to run.We have a strong resistance break which will result in a change in trendline from neutral to bullish. This stock is overdue for that run, it will give us a nivce swing trading run and some heavy daytring days on the way to the last resistance.
Good luck
$VBIV 10 Day MA Reversal and Curl on the Daily10 day MA reversal and curl.
Today's candle is just now passing
though the 10 day MA but still
presents an opportunity for the bears
so if the bulls keep the price up we may
be able to break this and that should
give confirmation of a bullish reversal.
Inverted hammer appearing
after the series of red candles
is indicative that a reversal is about to occur.
However, since the next candle
did not open above the previous day's close,
this indicates the bears
may still take control.
Further confirmation would
be needed to take the trade long.Depending on risk tolerance
2.84-3.02 stop/loss
4.56 target, if it blows
past that... woo hoo!
Will Run Strong to Earnings Aug 3$VBIV continues to amaze. Just when you think the run is over trader propel this stock higher. Following the old adage - "don't fight the trend" we see VBIV continuing to rise into earnings Aug 3 with brief profit taking along the way. Day traders paradise. Longer term...we're talking weeks...expect VBIV to bask in the glow of being the only self described pan coronavirus vaccine which is a pretty powerful concept. And make no mistake, all of these vaccine makers are dealing with conceptual scientific theories on what will work....so right now, VBIV has just as good a shot at fielding a successful vaccine as the rest. Right now in Robinhood land, 220k RHers hold $INO an early darling in the vaccine race. VBIV only has 60k in following. Given VBIV is comparatively less expensive, I expect to see significant inflows of RH monies into VBIV as it continues it march towards earnings and beyond. Target price prior to earnings a conservative $9.92. If the RH gang catches on could go to $15-18 range and test 5 year highs....worth the time. Remember, "the trend is your friend" and in this red hot biotech space "a rising tide lifts all boats".
VBI Vaccines Inc CDA (IDEA)Whats going on yall...
So, taken a look at VBIV, Im pretty sure you heard of Covid-19???
OK, well, here's 1 of the hypes that could kick in probably
#TradeSafe
#InvestSmart NASDAQ:VBIV
Wall Street is Short VBIV, but I'm Long *Target: [$3.50]*Link to Culper Research report that states they are shorting VBIV because the company is "worthless"
img1.wsimg.com
First, it's always important to consider ALL information. It's also important to be transparent about knowledge. If you are going to make any VBIV trades you really should read the entire report.
1) I think many of the points made in the Culper Report are legitimate
2) I am not as optimistic about long term price targets as those seen at Guggenheim and on yahoo finance
3) I still believe this is a good short-term trade based on sentiment and momentum regarding June 22-24 release of clinical glioblastoma data
Stop loss @ $2.04
VBIV target [$3.50] by July 1st Expect a significant appreciation in price leading up to the upcoming poster presentation of Phase 1/2a data of VBI-1901 in Recurrent GBM Patients at AACR virtual annual meeting.
VBIV set for huge gains on Monday?It's too early for me to enter into a position here, but as WIN219 mentioned in his recent idea, an obvious Adam and Eve chart pattern is forming. If $2.36 - $2.40 price level holds up and the pattern completes, I will open a long position. This might be a great buy opportunity if the chart plays out.
VBIV adam and eveMore anecdotal, but adam and eve chart pattern and explosion of price follows. Dropped down to diagonal support, will be watching to see if it comes further down, but also buying incrementally at this level
Will this be a great VBIV buy in?I've been actively trading the recent VBIV bull run, and I still expect the bull run to continue from now until year's end. However, the stock is up over 100% in a very short time, and this may be the correction to this rapid movement.
I'm not actively trading this idea yet, but I will update the idea if I decide to short.
Remember folks, just ideas!
VBIV longLooking a little closer here, it does have room to drop to 2.3 hitting diagonal support before heading back up.
VBIV day trade [Price Target: $1.60]IFFFFF the $1.98 - $2.00 support line holds and buying pressure increases, I expect to see a pretty big upward price movement for the day. Remember folks, just ideas!
VBIV break out [$1.50 target]VBIV is breaking out of a symmetrical triangle on 15min within a much larger ascending triangle on 4hr which may be a continuation pattern off of the local price bottom. I expect to see $1.50 within next 3 trading days.