JSAL

NVAX, is prepping for a turnaround ERA. Massive Growth Prospect!

Long
JSAL Updated   
NASDAQ:NVAX   Novavax, Inc.
NVAX surged an impressive 29.4% last trading day with significant volume. Net positive volume increased massively from 6.33M to 28.12M for a 344% increase. These extraordinary numbers should be telling of what's to come in the mid to long term.

Buyers are back in the scene, positioning at the current price range in anticipation of growth prospect both in technical and fundamental aspect.

On our monthly data, some big shifts are happening. On histogram, the stock recorded its third straight shifted lines -- these lines came out after 3.5 years of waiting. Similarly, a fresh bubble up volume re-appeared after a series of descend over the years. This is giving us a lowkey clue already of the intended direction.

It is now sitting a 1.0 FIB level, this is beyond bargain / discount already. The stock is hovering around a 4-year longstanding strong support. Expect some upside price valuation to materialize in the next coming weeks.

All these 'shifts' are conveying a turnaround prospect for NVAX.

Spotted at 9.0

TAYOR.
Safeguard capital always

Trade active:
4H DATA:

NVAX will do another attempt next week.

Trade active:
Daily data update:

Daily metrics is suggesting a shift on trend (upside) -- targeting 10.0 levels.

TAYOR.

Trade active:
Long term data update:

HUGE ALERT! BIG UPSIDE COMING!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.