MuffyPuffy

Biontech with a short-term target of 415$ ~ 350€

Long
MuffyPuffy Updated   
NASDAQ:BNTX   BioNTech SE
After the last ATH, Biontech corrected quite swiftly with up to -31% on the swing low.
Let's analyze where we are going most likely to trend next:

First look at the bigger scope:

Lower time frame:

Wave analysis:

Targets:


What will happen afterwards?
Comment:
What will happen afterwards?
Comment:

I'm still bullish for the next week. Nothing big has changed today.
Moderna and Powell pulled us downwards today.
Comment:
In spite the influx of good news, the stock lost his momentum and moved sideways for weeks.
A dip is now more possible than ever:

Looking at the Log-Chart, we broke even below the big trending Channel:

We have 45 days until the new earnings report and a lot can happen in that time.
Bear in mind, that I'm still bullish for the Q3 date!

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