TradeThePool

BNTX HIGH RISK TO REWARD SETUP YOU CAN'T MISS

Long
NASDAQ:BNTX   BioNTech SE
News - Better than expected Q4 EPS and sales results, the company expects to authorize a shares repurchase program up to 1.5B over the next two years.
Levels -$195 is the next major resistance level.
$138 is the next major support level.
The stock is gapping up to $183 (pre-market).

The idea is to go long at the open when it will try to test the $183 support level and fail, then go long above the 5M bull flag pattern if it will happen.

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