NVV1 trade ideas
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.
Novavax head and shoulders patternTaking a long position for the potential head and shoulders pattern.
NVAX - Taking a short possitionTaking a short-term short position here expecting to revisit the low 70s. Also hidden divergence in stochastic.
NOVAVAX - Wyckoff accumulation and Elliott waves (UPDATE)After following the price action the last couple of months, it is now so obvious that we are in a Wyckoff accumulation. I look now for a shakeout event to happen on the next following dates, which will test the supply/demand balance in the low 60s, before the back-up.
Updated chartThis is an updated chart to include new price action and the impulsive wave 5 structure. The target remains the same.
Novavax new Elliott wave is startingNASDAQ:NVAX According to Elliott's waves theory, we finished a cycle from $230 to $85, plus an extension to $66. Now we have started a new cycle, which, I assume is until the bottom of wave 4 of the downtrend cycle at max. My target will be between $110 to 126$.
Then we will start a corrective wave structure ABC until wave 4 at about $90.
covid vaccine maker trying daily higher low (NVAX)novavax blew up after announcing it was making a covid vaccine. they eventually parléd this into a montly uptrend that lasted until september '21. since then it has seen a major decline. the stock is attempting to end that now, or at least find a temporary rally from new multi year lows. this could lead to a short squeeze zipping the price back up towards weekly highs targeting around 94-97
Novavax coming down to 2 interesting levelsWill place low risk pos. in these areas with tight stops.
Pt´s around the local low´s
Novavax long - mid-term bullish until earnings Feb 28thPlease reference my previous post on the weekly.
It appears we have just a little more time to close in the yellow triangle on the weekly.
This chart demonstrates the daily time frame. Last time RSI was this low there was a rally of 100$.
I expect that there may be more touch of the major support level and then reversal with uptrend.
Place stop loss at ~70 -75$ or the long-term triangle idea is invalid
red line = 200 week EMA (slope of the most recent few weeks of input)
green line = 50 week EMA (slope of the most recent few weeks of input)
not financial advice
NovavaxDown to the True Jenkins line. See if it bounce off it. (Michael S Jenkins. Square root out of bottom price +2 then resquare! Draw the trend line from bottom to the number you get at exactly one year later. )
Novavax: Selloff Incoming? Novavax - Intraday - We look to Sell at 110.96 (stop at 127.66)
Previous support level of 120.00 broken. Daily signals are bearish. We look for losses to be extended today. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 77.28 and 55.00
Resistance: 120.00 / 140.00 / 150.00
Support: 110.00 / 80.00 / 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.
Novavax - each break of the yellow triangle on the weeklyEach time the yellow triangle broke on the weekly to the downside, there was a reversal over the upcoming weeks to the top of the trend channel. This is the fourth time there's a breakout below the yellow triangle. I expect a break to the upside.
Set stop loss below the very strong resistances mapped out as horizontal blue lines (very strong levels of support)
$NVAX, trading it 1/14For 1/14, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 120.5 (entry, long), it can see 126.5-130.5 (exit)
Break below 110 (entry, short), it can see 100-104 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. NOT FINANCIAL ADVICE.
First TA on NVAX, Feedback AppreciatedFirst of all: i am here to learn. I appreciate every critical Feedback on this very basic analysis.
If the double bottom within the box will be confirmed (so price over about 230, it will open a trend in the direction of 300.
But if we fail the (about) 208 USD resistance, we could assume a downtrend.
It will be very interesting in the next days.
$nvax nice short from $135.well donenice short position from $135 and 10% gains in 2 days form double resistance at 10ma and line..!
NVAX daily MACD bullish convergence On daily chart MACD bullish convergence seems to emerge. Next few days price action should confirm this convergence pattern
$NVAX, trading it 1/11For 1/11, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 140 (entry, long), it can see 151-155 (exit)
Break below 124 (entry, short), it can see 112-116 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. Not financial advice.
Path to ATH or next support levelNovavax daily chart now have Bull divergence pattern after correction. Chart shows possible path to ATH or next support level. NAF DYOR
NVAX short term idea, long term idea triangle on bigger picture NVAX has been in a large triangle forming, A-B-C-D-E if this is the reversal.
Short term there is bullish divergence on the RSI between the lows and PT of 150-160$ is reasonable. May be some pullback afterwards, very volatile stock
On the bigger picture volume profile is perfect and if triangle breaks to the upside seeing a potentially explosive wave up.
Fundamentals for NVAX are strong. NFA do your own DD
