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

$NVAX Trending Back Down to the Buy Zone

Written By: ChartChamp

October 9, 2023

NVAX has started distributing millions of COVID-19 vaccine shots. However, NVAX is trending back down towards the buy zone. I think that this will present a great second chance buy opportunity after NVAX’s recent rally to $8. The markets have been affected by the new Israel Palestine conflict. Other key events this week are September PPI inflation data and Fed meeting minutes on Wednesday October 11. I think the markets are likely to have some sideways price action on Tuesday in anticipation of the new inflation and fed data.

TradingView Chart: https://www.tradingview.com/chart/NVAX/JHFJkA0V-NVAX-Trending-Back-Down-to-the-Buy-Zone/

Thank you for reviewing my public trade Ideas.

Follow me on Twitter / X for frequent updates @realchartchamp

Check out my premium services below

.

  • Stock & Crypto Trading Group – frequent stock and crypto trading group ($19.99/ mo.)
  • Trading & Investing Course – lessons for how to trade and invest more successfully ($5 per 60-90 min. lesson)

.

More details: https://clearvalueinvesting.com/content/community-post-options/chart-champs-premium-telegram-services/

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

SPX 4H Chart Showdown: Bulls Charge, Bears Lurk

🧠 SPX 4H Chart Breakdown – April 13, 2025 The bulls are staging a fierce comeback — but the battlefield is far from cleared. 📈 Structure & Trendlines $SPX has bounced cleanly off the April low near 4,900 (blue demand zone), forming a sharp ascending channel. Price action is now challenging a key confluence of […]

Read More

The Three Horsemen of Recession: How Markets Signal the Coming Storm

An inverted yield curve is often the first ominous signal in the triad of a market meltdown. It occurs when long-term interest rates fall below short-term rates—an abnormal pattern that typically reflects investors’ growing fear of an economic slowdown or recession. This inversion often follows aggressive rate hikes by the Federal Reserve aimed at curbing […]

Read More

Russell 2000: The Silent Barometer of the U.S. Economy Amid SPX and NDQ Hype

While everyone is talking about SPX and NDQ, IWM probably holds the key to the true picture of the economy. Unlike the SPX, dominated by large, global companies, and the NDQ, which leans heavily on tech giants, IWM represents small-cap stocks that are more sensitive to domestic economic conditions. These smaller companies often rely on […]

Read More

SPX 4H Chart Showdown: Bulls Charge, Bears Lurk

🧠 SPX 4H Chart Breakdown – April 13, 2025 The bulls are staging a fierce comeback — but the battlefield is far from cleared. 📈 Structure & Trendlines $SPX has bounced cleanly off the April low near 4,900 (blue demand zone), forming a sharp ascending channel. Price action is now challenging a key confluence of […]

Read More

The Three Horsemen of Recession: How Markets Signal the Coming Storm

An inverted yield curve is often the first ominous signal in the triad of a market meltdown. It occurs when long-term interest rates fall below short-term rates—an abnormal pattern that typically reflects investors’ growing fear of an economic slowdown or recession. This inversion often follows aggressive rate hikes by the Federal Reserve aimed at curbing […]

Read More

Russell 2000: The Silent Barometer of the U.S. Economy Amid SPX and NDQ Hype

While everyone is talking about SPX and NDQ, IWM probably holds the key to the true picture of the economy. Unlike the SPX, dominated by large, global companies, and the NDQ, which leans heavily on tech giants, IWM represents small-cap stocks that are more sensitive to domestic economic conditions. These smaller companies often rely on […]

Read More