Get Some.This is about to go. I don't have time to explain why just look at order flow. I'll send update later with details. June 17 55 calls, not financial advice.Longby JerryMandersUpdated 331
Covid stocks still struggling (NVAX) Novavax Short Term - We look to Sell at 54.79 (stop at 58.88) Prices expected to stall near trend line resistance. Trading volume is increasing. The trend of lower highs is located at 55.90. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 41.78 and 38.59 Resistance: 55.90 / 63.00 / 100.00 Support: 42.20 / 23.12 / 15.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Shortby SaxoPublished 6
NVAX Ctitical levels to watchIt will be interesting to see if it holds above 44, the price has bounced off around 42, and major support around 40by RotumaPublished 1
NVAX Wyckoff Accumulation events + Elliott waves$NVAX My memorial day homework 😁 Wyckoff Accumulation events + Elliott waves I have attached my two main theories that are happening together and we are approaching the end of it soon. For wyckoff, I am expecting a big shakeout to follow. We haven't seen yet a day that has the qualities of a spring. We have only experienced some rallies that turned back quickly to the support/supply area, which imo is a test. We need to see massive selling volume and accumulation. That is coming together with the Elliott waves count. I have an alteration of the count, but does not change anything in the final outcome. I just wanted to show the similarities with the ending diagonal. A wave C or wave 5 call it as you like, is supposed to come. Maybe this will mark the final shakeout and the end of correction.by alex13kouPublished 1
NVAX approaching its last line of support.. oof! if it cannot hold the 39-40 area a lot more downside is possible! currently approaching this level in a bearish downtrend, not a good sign for longs!Shortby Vibranium_CapitalUpdated 1117
New update for Novavax (elliot waves)My weekend analysis for $NVAX Finally, we are starting to build the long expecting and hopping final wave 5 of the primary cycle corrective wave C. It was a running flat structure, which is a rare structure, that is why it was a tricky one to understand from the beginning. I have inserted some supply and demand areas in order to understand better where we will find supports and resistances and also where the price is "magnetizing" to go. On the 2h chart, we see a shooting star candle, which is confirmed, and then the gap down. Now is building up a SHS pattern, in which the right shoulder will be the wave 2 of the wave 5. It is already at 50% retracement, which is inside the area of a wave 2 target and also inside the resent daily supply zone. I am expecting to be rejected from there, but it can always go further up and maybe close the gap from yesterday before going down again. The SHS pattern if it triggers, the target coincidences with the wave 3 fib. My target area is at 38$ to 30$.NShortby alex13kouPublished 1
NVAX - LongNovavax, Inc. is an American biotechnology company based in Gaithersburg, Maryland, that develops vaccines to counter serious infectious diseases. Prior to 2020, company scientists developed experimental vaccines for Ebola, influenza, respiratory syncytial virus, and other emerging infectious diseases. COVID is on the rise again. Those companies' stocks are expected to go up again.Longby TradingtheOpportunitiesPublished 112
NOVAVAXExpanded diagonal at wave 5 of wave C. Maybe we will see a gap closing at around 25. Wave 2 at 0.618 and wave 4 at 0.786NShortby alex13kouPublished 0
New update for Novavax (elliot waves)I have altered my count a bit in order to find the best possible valid count. (The big picture remains the same although.) The count I see, that could explain in a simple way what is going on is the following. We haven't finished the wave 5 from the collapse of December. But we are still on the extended wave 5. On this count 38 is the bottom and if we pass it the count will be invalid. I expect a bounce from low 40s to 50s-60s and then a retest of the lows and a finish of primary wave 5.Nby alex13kouPublished 220
NVAX room to the downsideDescending triangle break on the daily and now forming a bear flag for a possible leg lower. Watching the flag break and confirmation. Another confirmation could be 56.85 price level. Targets: $50 , 47.93Shortby TheBullandBearLoungeUpdated 222
NVAXNot financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.Longby Crypt0poliSUpdated 772
Novavax - bullishFlat structure, wave C already has 5 wavs within. Great entry at FE 162Longby UnknownUnicorn3382580Published 2211
NVAX Ready to Break? Novavax Short Term - We look to Sell at 66.01 (stop at 72.46) Trades with a bearish descending triangle formation. Trading volume is increasing. We look for losses to be extended today. A close below the key support at 68.00 is expected to lead to further selling pressure. Closed below the 20-day EMA. Our profit targets will be 40.74 and 38.59 Resistance: 68.00 / 100.00 / 120.00 Support: 50.00 / 40.0 / 30.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Shortby SaxoPublished 3
New update for Novavax (elliot waves)Follow up here. If my count is correct (which is until now), we shall see a move higher and complete the primary corrective waves of WXY, which it seems to be the A wave from the corrective ABC waves after the big drop from 230. After that I expect a B corrective wave and then the C and the end of the corrective wave and hopefully the breakout from the lows.NLongby alex13kouPublished 110
Nvax analysisI can't find any bull case (just yet) on technicals. Although, there are few targets for bears here. It seems that we have a bear flag and Abcde move. The e wave, which is form from ABC wave, has 3 possible targets according to fib levels, all inside in the flag... We are touching the 1st at close. (sometimes the e wave is shorter) If we have a break down next week, there are 2 targets. 1st the bear flag pole (64$). Which is exactly at last fib level of the possible wave C within the X wave. Also touching a trendline there. So it is a very high probability to stop there. 2nd the SHS pattern. That's the worst case for longs, because it can take us down to 58. The good thing with it is that, there is the demand area which can do very strong reversal move imo. Good luck to allNShortby alex13kouPublished 1
NVAX - Capitulation move might be nextDoomscalling can be fun at the ATH when valuations are through the roof, but are most overlooked when price seems enticing, should be higher *because it was so high earlier*. But that's when the price is the most vulnerable. From what I see on the 3 Day chart, flag breakdown is in progress. Downside target is 54, which should find good support. Be careful if you are long.Shortby CheelooTraderPublished 441
Chaos Reigns Hah... These trend lines are the accumulation of attempts to figure this thing out over the last year. Ridiculous price action but learned to leverage the volatility and play the extremes. Currently at a relative downside extreme. Also signs of Wyckoff Accumulation similar to the build up when it popped Jan 2021. Time series 1-month point forecast target is 163, NVAX price action is cyclical so these forecasts are more difficult than when there is merely trend/seasonality. Technical levels I’m looking for to the upside are 111-120, 146, 180. Catalysts are here so it’s now or never I guess and calls are relatively cheap. Not financial advice.Longby JabezDolzPublished 0
Novavax Breaking Out? Novavax - Short Term - We look to Buy at 83.80 (stop at 75.92) Price action has posted a bullish Engulfing Candle and is positive for short-term sentiment. We look for gains to be extended today. Short term oscillators have turned positive. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Our profit targets will be 101.48 and 112.00 Resistance: 90.00 / 100.00 / 140.00 Support: 70.00 / 60.00 / 50.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Longby SaxoPublished 112
Nvax One to watch on Monday. Breakout of downtrendinf resiatnce. Backtesting and flagging on previous resiatnce as new suppor targeting 95 to 120 maxLongby ErictaylorPublished 2
New update for NovavaxMy Elliott wave count for NVAX. I expect a re-accumulation and a visit at the low 60s maybe will touch 50s before going up again.NShortby alex13kouPublished 330
Elliott waves for NovavaxMy Elliott waves count for novavax. Still on correction...NShortby alex13kouPublished 0
NVAX: Covid Stocks to Move Lower? Novavax - Short Term - We look to Sell at 69.18 (stop at 77.64) Trades with a bearish descending triangle formation. A break of bespoke support at 70.00, and the move lower is already underway. We look for losses to be extended today. We look to set shorts in early trade for a further test of the fragile looking support. Closed below the 20-day EMA. Our profit targets will be 47.66 and 38.59 Resistance: 86.00 / 100.00 / 120.00 Support: 70.00 / 60.00 / 50.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Shortby SaxoPublished 3
Novavax head and shoulders patternTaking a long position for the potential head and shoulders pattern. Longby alex13kouPublished 2