Novavax, Inc.

NVAX short term idea, long term idea triangle on bigger picture

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NVAX has been in a large triangle forming, A-B-C-D-E if this is the reversal.

Short term there is bullish divergence on the RSI between the lows and PT of 150-160$ is reasonable. May be some pullback afterwards, very volatile stock

On the bigger picture volume profile is perfect and if triangle breaks to the upside seeing a potentially explosive wave up.

Fundamentals for NVAX are strong. NFA do your own DD

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