Classic Bull Flag Formed.Bullish trend, traders will be looking at this indicator. Should see $15+ by weeks end.
VXRT trade ideas
Price Forecast. Extreme volume with major news, Bullish reversal pattern and Fib level retracement. Was way oversold, RSI and Stoch indicators rising, CCI also rising.
VXRT Bull flag and higher potentialBottomed as low as .88 fib and took off on news. Chart looks ripe for higher price action.
Careful.
Re-exploring VXRTThis is a tricky one.. price action has been falling and just weak.. however the last week showed sme signs of possible reversal. POSSIBLE
Right now we see the completion of a bearish shark pattern which poses several ideas- especially right now.
A= could be a bullish bounce up to gartley completion point 5.88 (if here re-explore next move)
B= could also be a bullish bounce point to gartlet completion point 5.88 (if here re-explore next move)
C= we could see price action fall back down to complete the bearish shark pattern -4.77
c1- There is the beginnings of a butterfly pattern forming right now.. and so C could break down and back up- but too early to call this right now.
Due to the volatility in the stock its hard to say.. Monday pre-market may tell us whats going on.. especially if we see a gap up in price.
If "C" plays out expect price to jerk up and fall back down over and over- shaking out weak hands.. We are either getting a boost.. or no boost.. I dont think there is any in between. Watch the opening bell price- because if it does go bullish it will be fast.
Note the previous gartley failed, but a new one is in the formation and would complete the bullish move up (if it happens). The problem is we are at a very critical resistance point, but if we find support that would be a good thing for upward price action.
*CHEERS*
$VXRT Covid -19 Vaccine SwingI'll be purchasing calls for a $20 Strike expiring Jan.15th 2021. The CDC recently informed states to be ready to distribute Covid 19 vaccines by November 1st. With Vaxart still needing FDA approval they could see a major run soon.
Things to Keep in Mind
Vaxart is the only COVID-19 vaccine developer, among those mentioned in operation wrap speed, that has"next generation" oral tablet vaccines. According to Vaxart, its oral vaccines have been shown to be safe and well-tolerated and have the potential to generate a broad and durable immunity (systemic and mucosal), having been safely trialed in >460 humans, across 3 viral diseases.
VXRT: $7Established support with lower lows, consolidating wedge, positive headlines, and now we just need volume.
VXRT: A moment of truth and resolveIt's been rough for those of us that jumped in during the heady days of promise, while prices were double digit and everything was green.
Those days are now a distant memory.
Some of us are holding on. Some of us even DCA'ed our way down from an absurd valuation to something potentially more reasonable, in exchange for a much bigger piece of skin in the game.
And yet, hope endures.
Most of the world will want a vaccine, and most of the world does not have a great deal of money. Injected vaccines take expensive infrastructure like refrigeration. The promise of a vaccine for the flu, much less covid, that comes in a simple pill is obvious.
The only questions are:
Does it work?
Will Vaxart live long enough for us to find out?
I don't have answers. I'm relatively new to all this. But I decided that, inasmuch as I'm going to diverge beyond the safe and sure path of index bond and stock ETF, I'm going to invest in companies that I feel a connection to. Some, like AMD, worked out well.
And then there's Vaxart. I've lost a lot, on paper, to this so far... Vaxart's moonshot hopes are also my hopes. If they fail, then so be it... That is the risk we all took.
But if they win... those of us who saw it coming will surely reap a large windfall, but really all people will prosper with a cheap and effective end to flu and covid.
VXRT - 8/27/2020NASDAQ:VXRT
Keep in mind with VXRT because they just got Class Action Lawsuits. This can bring the price down. but if the Vaccine for Covid-19 goes well it goes to the sky.
Important:
finance.yahoo.com
finance.yahoo.com
VAXART - NVAX the 2nd ?These are my thoughts on VXRT. They are meant to give you an idea, not trading advice.
Vaxart turns vaccines into pills because pills are much better in every way. Vaxart has done this before, so it can do this again. Will this be the second Novavax?
Please be careful, as the market never gives you certainties, only probabilities!
ALWAYS REMEMBER THIS WHEN YOU TRADE
BULLISH SHORT TERM BEARISH LONGStarted a nice Elliot Wave pattern, coming to the end of the forth wave, Looking at the Stochastic Indicator says we are oversold right now so cannot see much downside left before the start of the fifth wave followed by a ABC correction.
Also a gap needs to be filled around $8.50
If it follows this pattern it will also create a head and shoulder pattern which will start ensure trend reversal..
PRICE TARGET $19
VXRT Update -Caution/Neutral (Being Tricky)This chart same as previous minus the possibilities. We are at a major area of confluence and so we can go up or down. Lack of price action today is leaving things up in the air. Being we have already rejected its very possible we could go lower. But we can also bounce and go higher. Very indecisive point right now...I figured we would get more down side action to return up.. but this could tank in post market.
It could rally just same. so I am changing this to neutral right now. Bu the price point is marked.. with this many big moves its definitely a wait and see type of thing.
VXRT UpdateA lot has taken place- a good trade and calls yesterday. We cooled off a bit (expected).. but today we are coming back down to reset for another move of what could be some more decent gains before a test point on the bearish shark pattern. The bearish shark is the dominant harmonic- while the weak crab and failed gartley (not shown here) give us the re-entry points... .. so all calls are based off the dominant for long term calls and the weak harmonics determine re-entry points. If the shark rejects- respect it. If we get through the orange resistance - enjoy the gains. Place your stops- LETS GO MAKE PROFITS!
New entry 8.89!
Sorry for late update.. its hard to do all this and publish in real time :)
**CHEERS* Let me know how yesterdays trade worked out.
$VXRT Potential Upside Targets for VaxartDowntrend has been broken as Fibonacci Golden pocket provided support.
Indicators are reversing after a step decline
VXRT price target $20's VXRT is currently at support and also under a resistance downtrend line. Hedge funds and insiders sold the bottom at $3, so at this point, the only people holding are retail. . . which means that if insiders and hedge funds want back in, they'll have to pay triple. LOL.
VXRT looking nice! After the scandal of trading.. .perhaps this has come back. Its been a silent and deadly asset.
Noticing its drawing some strong support right not at 9.10... the move here is on a bearish shark pattern which will be pretty quick, but the gains 45%. Its so tempting I have to get in now. Set your stops... if your going to test these waters!
Keep in mind bearish patterns can reject and turn into bullish one's. Just use caution!
LETS GO!
WOLFPACK!
$vxrt long term tradeOral Covid Cure. Specualtion about J and J collab and/or Government funding. Will send stock to moon.
First Oral Covid-19 Vaccine stock soar 4000%Read about this stock here
When I look at the weekly chart, I was shocked to see that in 2004, this stock was at a high of nearly 1200 dollars and a decade plus later, it is struggling at barely 0.05. This is way too scary !!!
It has gone up too fast too soon and if I have to buy, I will wait for it to pull back to the price range of 9.02 to 13.09.
This stock would be deemed as a speculative short term play for me and so in terms of capital allocation, it would be small.
