ClearValue Team Insights
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NVAX Rebounds from $8.90 Support Level
NVAX has recently been downgraded by JPMorgan and has formed a 62% correction from the local peak. I think NVAX is forming a strong rebound here at the $8.90 support level. The $1.2 billion Sanofi deal has NVAX valued around $10 so any moves under $10 seem like a discounted buy opportunity to me unless […]Read More
IWM Continues to Face Resistance Between $205-$210
IWM has been trading near a key $205-$210 zone, and needs to break through this resistance level to rally. There was a previous break before the flash crash, and IWM will need to break through this barrier for a second time for small caps to rally. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreSlow Recovery for the NASDAQ, S&P
This morning we received bullish US jobless claims data. This news is helping investors remain calm about the state of the US economy even though Sahm’s rule was activated last week. Now the narrative is that the US could potentially avoid a US recession. These narratives will always get you in trouble, I would still […]Read More