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NVAX Likely to Retest $16 After Strong Selloff
Yesterday NVAX had a strong selloff around the $25.41 resistance target during pre-market hours. NVAX has been in a strong downtrend since this selloff, and is likely to retest $16 as support. I will continue to provide NVAX updates for a buy opportunity from this downtrend. I also think there will be lower prices throughout […]Read More
Bullish Week for the S&P and NASDAQ
The S&P and NASDAQ had a strong performance this week, as NVDA approaches its 10-1 stock split. On Monday NVDA will open trading at a lower stock price after the split. SPY is likely to climb up some more, but is quickly approaching resistance around $540.23. QQQ is outperforming SPY, and is attempting to flip […]Read More
IWM Fails to Breakout Despite Bullish Seasonality Trend
In my recent updates I discussed how last week and this week are two seasonally bullish weeks for IWM. One billionaire investor opened $660+ M in IWM call options with hopes of a bullish breakout here. However, IWM has disappointed us with numerous failed breakouts. The next two weeks are seasonally bearish, and IWM could […]Read More