Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

$NVAX Pump and Dump

I’ve been saying NVAX has a tendency to pump and dump, today NVAX dumped with a 28%+ decline. The Gavi settlement dispute is very big news for NVAX’s long-term growth, but COVID vaccination rates are still awful. I don’t see a reason to be bullish short term, but I think the stock is very undervalued and I think NVAX is approaching historically great buying opportunities within the new buy zone around $3.54 to $3.93. Keep in mind there is a lower price target at the orange trendline (around $2.70) for the best entry around there. There is no guarantees to go as low as $2.70, but that is a price target of interest if NVAX does trend down, and I would keep it in mind before considering any additional buys. For now NVAX is retesting this light blue resistance line as support and there could be a short-term bounce here.

ChartChamp socials: https://linktr.ee/realchartchamp

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

Why AT&T’s Dividend Yield Could Be a Game-Changer for Your Portfolio

Investing in dividend stocks is a popular strategy among income-focused investors seeking steady returns, and one company that has historically attracted attention for its robust dividend yield is AT&T Inc. (NYSE: T).  Currently boasting a dividend yield of 6.15%, AT&T has been a staple in many portfolios due to its reputation as a reliable income […]

Read More
Default Thumbnail

Three Rejections for ENPH in the Green Zone

ENPH has been trying to form a bullish breakout above $137.41, but has faced three rejections in the green zone so far. I would be cautious for a selloff after so many rejections. If the price does hold I would monitor for a fourth attempt to break above the green zone with $137.41 as a […]

Read More
Default Thumbnail

QQQ Facing Resistance at $486.50

NVDA had a correction and QQQ has dropped with it. I would give QQQ some time to bottom out and start an uptrend. I have $486.51 as a key resistance level to monitor on the way up whenever QQQ starts to rally again. ChartChamp socials: https://linktr.ee/realchartchamp

Read More