Novavax, Inc.Long
$NVAX getting ready for break out
Price has been respecting the daily uptrend on this pennant pattern formed on the daily time frame. The pattern its formed suggest a break out will likely follow. With the president trying to get everyone vaccinated as soon as possible im bullish on the catalyst. The daily RSI is in a neutral position, and the stochastic looks to be shifting towards the upside. On the 4hr and 1 hr the stochastic are showing bullish potential with no crosses in the moving averages. I charted this on the daily so ill be looking to buy at least 30 days out. Not much more to say here other than buy the dip.
lmk what y'all think about the TA
lmk what y'all think about the TA
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