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NVAX Rallies After Bullish Jeffries note
Novavax (NASDAQ:NVAX) shares climbed 15% Wednesday after Jefferies released a bullish note on the company’s prospects after meeting with management. Jefferies said Novavax was ramping up Covid-19 vaccine U.S. sales and was on track to meet revenue guidance for the ‘24/’25 season that “appears to be in line with ‘23/’24.” It added that the company […]Read More
AMD Trading Near Weak Support Level
AMD has been trading within this channel since October 2022. In August and September AMD has broken below the lower range of this channel, which is making this a very weak support line. I think AMD is at risk of dropping below support again in October, and I would be concerned for the price starting […]Read More
TSLA Rejected at Resistance
I previously posted a TSLA options puts trade setup in the white resistance zone between $264.72 – $271.23. TSLA already formed a rejection near the lower end of this range that led to a selloff. There is an Oct. 10 robitaxi event that is approaching, I think if TSLA rallies back up to $265 – […]Read More