Do I see the handle of a of a short term Cup & Handle pattern, daily chart, forming. If so look for 7 within the next 3 months. It'll be a bumpy ride, very few shares available as compared to short shares. Gonna want retailers to cough'em up for their short term gain. After all an approximate 60% increase from the bottom in 6-7 months, some will bite. And the tutes know it.
ouabra45..........I have no idea what charts you are looking at............Obviously you need help..........Nvax has been in an uptrend since 4.13 ish bottom, bouncing around the 10 and 20 day MA's. End of Feburary 4.30 ish to intraday high of 5.70 1st week of April NVAX has appreciated by approx. 32 .5 % , (my #s use strictly candle bodies, I avoid wicks other than a quick spike down generally signaling exhausted sellers or shorters not willing to short further), recently followed by an approximate 10 % decrease, a 10 % retrace after a slow moderate 32 plus % increase is very normal. Many would call this 3 steps forward 1 step backwards. An approximate 1/3 rd retracement also fits within Fib. retracement values. You need to make up your mind .... up ..down...flat ????????. You seem to change your mind as often as a #$%$ changers their panties. Their is very little reality in day to day pps movements, especially when a stock is being gamed for pennys by daddy big bucks. You should identify yourself as a gamer and day trader when making assumptions to others. Not all here are day traders, many here are smart enough to know it is never a good idea to try and beat the HFT's algos. The 10 and 20 day MA's cross over the 50 in early April is a positive sign. Volume has been leveling out since the negative cross in Janurary.
Sure would be nice to know how J P and Citi are playing the derivatives' on this. They are the ones in the driver seats. And only the big boyz are in on this game. Probably playing for 0.10 per share difference. At least we have a driver, a very greedy driver(s). We will go where they take us until strong solid news. Then I think peddle to the metal. In my opinion NVAX has built a nice solid upward trending base over the past 2 months. From here it may be save to guess 5 is new support and a short lived 4.75 is a buy. And they will probably sell 5.50ish. To make some pennys, but when you are looking at 10s of thousands of shares...well those pennys add up. Stuck in da mud but clawing our way out. The longer the base the stronger the move.
x.. I pretty much agree................The way the Big Tutes play too make $s on as many sides as possible. Flush out as many long shares as possible. Then sucker in retail shorts...........Go Past Go Collect............slam the door shut on shorts by running pps up...........Go Past Go Collect...........Take advantage of small short run up......cash in a bit of low 4s on the long side as retail shorts cover..... Go Past Go Collect. Stabilize pps.......set the stage of wash..rinse...repeat............Until News.....I suspect when NVAX sees a solid and strong upward move of 20 - 25 % on big volume........News is around the corner. Followed with a sell-off of 32 to 38 % of the move, some time after News settles. I don't know from what pps the launch will take place so I can't calculate potential $ move. However when back-calculating past history of NVAX"s moves suggests %s in those areas. But hey as they say, whom ever owns the most shares will determine the direction of the pps and when..............retail doesn't have enough shares to sway the swing.
The only thing you do here as far as I am concerned. Is you constantly prove how clueless you are and think everybody is a day trader playing off of technicals........You R Wrong.......Of coarse the 4.64 gap was gonna fill......but there is much more to it than that.......It all started with Oil..then ... Clinton.....Martin.........uncertainty ........and multiple other issues in the market in general, now our manipulator J P Citi and whomever else is in on it. All of the recent financial activities have been well received as in they were gobbled up quickly.......Just accept it and move to another board is all you do here is Waste electrons. Technicials are important however right now they are blowin in the wind..........You see what they want you to see.
Underlying Fundamentals are strong
4 days of consistent volume........ been a long time .......look at 3 month volume only....signal.... 4 = days volume ......Launching Pad.........Time Frame ??????????........ 6 months max........If I can find time I will do the Fib. #s to get closer time frame..........
Ok........ beam Me U p Scotty!!!!!!!!!!!!!!!!!!!
As long as JPM ........Citi continue to run the volume and pps.....we remain the same....they already know when the big news will hit ......... Just to add a couple more thoughts of signals before upward move......Big Shake quick drop fast recovery......Big volume then lite this candle...
Yes I am figuring on positive news...... One more extra look if ......... you can monitor in some way the 2 drivers trading..........I think they give the 1st hint....of when..
Yep just a bit of short hand typing.I am sure Citi is involved also for their accounts. Just would like to know whom bought all those notes up so quickly. I suspect J.P. and Citi took a big chunk. By closing so quickly......this was set-up before it happened or was announced and ask yourself whom where the insiders privy to the up and coming notes. hmmmm
I understand your side as a trader..........But not all here are traders.....some are investors for the long term......I for one do not have the time at the present to monitor the stock trading through all parts of the day.........I have done my share of buying and selling pieces of NVAX stock here and there over a few years and have managed to accumulate thousands of free shares, now I am an investor of NVAX .......I have also paid very close attention to the fundamentals which are very strong........the quick snap up of the latest structured money. The demand for shares should be obvious. J.P. is extremely greedy, I still stand on the opinion that this latest was structured entirely by J.P. for their greatest benefit and to screw as many retailers as possible. Illegal I am pretty positive that J.P. has been running the pps on non-public information. Perhaps in time the SEC will come down on them like they did Goldman. But I kinda doubt it.
I do suspect one day in the not too distant future a large gap open that will develop into a new 52 week high. If you follow Elliott wave theory a new 52 week low must be achieved before a new 52 week high can be achieved after a break down we are there. When you see the stock move up on heavy volume with no news. You will know J.P. has taken the bridle off. I also suspect J.P. is the heavy shorter but they already have the shares to cover with. This could turn out to be a major short trap for those that don't already have shares to transfer from another account to cover. IMO J.P. is dangerous to the stock market and the economy and all things pertaining to...........They are just too greedy and don't care about anything else..........Brokers gone wild over greed happens everyday. Many names come to mind. IMO if government wants to fix the U.S. the stock market manipulation is a good place to start. I would not be a bit surprised to find out the Hilder Beast shorted the Biotech sector before her comments about Bio.
ouabra45.......The part you are missing about trying to read NVAX charts..............The charts are not real they have been painted by J.P., J.P. has been creating the charts to look the way they want persons like you to read them. NVAX has not been trading on it's own merits since about last Aug. time frame. When J.P. becomes involved a stocks trading pattern goes where they want it to go. There is no T.A. here. I brought that to light sometime ago when I saw the trend break on positive news. These charts have nothing to do with NVAX and all about J.P. and where they will send it in the short term.
Charts and T.A. are great when a stock is not being manipulated. Right now NVAX is very heavily being manipulated. That should be very obvious. In the past several months every piece of positive news or advancements in trials or BLGF cash infusion the stock was sold off. That is where the charts begin to show themselves as false. Then add in all the negatives with Biotech selling off. The Hilder Beast comments just allows J.P. greater control of the charts and pps. Hey the stock might go to 3 and it might go to 30. It all depends upon where J.P. takes it in the short term. In the longer time frame NVAX will trade upon it's own merits, if and when NVAX has positive phase 3 data J.P. will lose control, until then it goes where J.P. sends it.
But think J.P. And Citi started shorting NVAX on non-public information. They knew this was coming because they were part of it behind closed doors, they helped to construct this latest deal, "derivatives", I wonder where that came from..hmmmm . And now they will control all trading in NVAX. I wonder how many shares they have shorted naked? This kind of game needs to come to an end. NVAX is no longer trading on it's own merit. It is trading upon how much money JP.. and Citi can swindle from others. Each time NVAX structures something with J.P.'s involvement, it is almost like doing a deal with the devil.
These most recent events were structured by Citi and J.P., for "their" greatest dollar benefit. They don't care about the science the potential benefits or if it is successful or not, they only care about how much money they can make at any cost. I would not be a bit surprised if discussions started in August time frame, that is when the erratic trading started. And Citi and J.P started shorting heavily and controlling pps, knowing where they were going to take the stock and pps. This type of financial structure is not put together by scientist but by rather by high powered financial institutions for that institution's benefit.
I am not knowledgeable enough to truely understand all of the potential ramifications of such a deal. However it is good to have more cash in the bank to see trials through to completion. As I have stated many times before the pps will go where big money wants it to go while we await trial outcomes. Now we know who the big money controller is. Citi and J.P.
I have dry powder and do intend to add more shares. While we #$%$ ants watch Citi and J.P. run this where ever they want, when ever they want.
Will it draw attention from the SEC, I doubt it. Citi and J.P. will have dotted all i's and crossed all t's. It is a shame that such financial institutions have the power to control a stocks pps movement in the interium. However in the end it will be the science that rules. Citi and J.P will make millions if not billions over their financial structuring deals.
That just may have been the signal we needed to reverse. Time will tell if it is enough to gets shorts to run for cover. IBB bounced about the same time. Need a mkt. reversal.
52 week low ..............good and bad
Hopefully all margin buyers are out. Shorts could push it lower ........... I have dry powder in my pocket ........Biotech Hammered we are just falling along with it. Our 2 phase 3's are funded.............No need for dollar raise..............BARADA ...GATES. ETF's must sell as they fall..........Mutual Bios Scared to death.......Blood in the Streets ...............close to the end....
U R outta here..off to no mans land you go.............To fellow NVAX investors......when clowns like this show up it says one thing.......Somebody wants your shares. And a bottom is near. One of the last acts of a smash the retailer investor and grab their shares. In a way positive when they show up..............their goal is to disrupt the board with useless drip..drip..drip of slime.
Trading 101 correction.........Buy the sell-Offs of companys with money in their pocket....Solid Management that delivers.....Solid Business relationships (Gates..BARADA)......positive phase 2's with phase 3's in process for needed vaccines...FDA Fast Tracks.... To place a bet against The Gates Foundation is not very bright. Don't know about your part of the country........however where I am from I see at the very minimum 5 commercials a day about the importance of vaccinations for multiple indications...............How short are you 3 foot 2 and shrinking or perhaps you work for a firm as a basher.................Watch and learn young one.