realchartchamp

$NVAX Trending Back Down to the Buy Zone

Long
BATS:NVAX   Novavax, Inc.
NVAX has started distributing millions of COVID-19 vaccine shots. However, NVAX is trending back down towards the buy zone. I think that this will present a great second chance buy opportunity after NVAX's recent rally to $8. The markets have been affected by the new Israel Palestine conflict. Other key events this week are September PPI inflation data and Fed meeting minutes on Wednesday October 11. I think the markets are likely to have some sideways price action on Tuesday in anticipation of the new inflation and fed data.

Want more of my content?

Check out my YouTube and Twitter updates across all financial markets

Join my exclusive Discord community for swing trading, options trading, and long-term investing.

There is a free trial period for the group

Links👇
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.