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Buy VBIV for its race to the COVID-19 vaccine. Bollinger Bands are condensing for a breakout, as the Ichimoku Cloud(s) raise. (As mentioned in prior posts), the Ichimoku Cloud #2 (Kumoni) indicates that when price enters its range, it's bound for change. In this chart, it's shaded purple. In the the algorithm (link below), it's forecasted 5 days. See here: docs.google.com
Link to Culper Research report that states they are shorting VBIV because the company is "worthless" img1.wsimg.com First, it's always important to consider ALL information. It's also important to be transparent about knowledge. If you are going to make any VBIV trades you really should read the entire report. 1) I think many of the points made in the Culper...
FLAG PATTERN ON VBIV WAIT TILL BREAKOUT
Expect a significant appreciation in price leading up to the upcoming poster presentation of Phase 1/2a data of VBI-1901 in Recurrent GBM Patients at AACR virtual annual meeting.
It's too early for me to enter into a position here, but as WIN219 mentioned in his recent idea, an obvious Adam and Eve chart pattern is forming. If $2.36 - $2.40 price level holds up and the pattern completes, I will open a long position. This might be a great buy opportunity if the chart plays out.
On the positive side, diagonal trendline has been broken, but need confirmation yet on the "breakout". On the negative side, the breakout will need to get past the 2/1 gann fan level for me to open a long position.
More anecdotal, but adam and eve chart pattern and explosion of price follows. Dropped down to diagonal support, will be watching to see if it comes further down, but also buying incrementally at this level
I've been actively trading the recent VBIV bull run, and I still expect the bull run to continue from now until year's end. However, the stock is up over 100% in a very short time, and this may be the correction to this rapid movement. I'm not actively trading this idea yet, but I will update the idea if I decide to short. Remember folks, just ideas!
IFFFFF the $1.98 - $2.00 support line holds and buying pressure increases, I expect to see a pretty big upward price movement for the day. Remember folks, just ideas!