COVID-19 Biotech Play: Bullish chart pattern developing

2020년 10월 25일

BIONTECH could be forming an ascending triangle from here. If it does, this is how I could see price develop in the coming months.

Click here for the company's landing page

"We are aiming to address the global pandemic- Our goal is clear: making a potential vaccine available worldwide as quickly as possible"

Click: COVID-19 strategy

BIONTECH is largely focused on cancer therapy, but also actively developing a vaccine for COVID-19.

• I currently have no position - I'll start buying in small layers in the coming days/weeks
  
• The ideal price action I want to see is continued consolidation, followed by a breakout above $105. ~$65 needs to hold.
  

2020년 11월 9일

노트

Breaking out:

2020년 12월 1일

노트

A lot sloppier than I expected but that's the market for you. New highs and I expect this stock to hit the 200s per share in 2021:

2020년 12월 17일

노트

Major retest here.. could risk the lows. This stock has beaten me up quite a few times. High vol and very sloppy: