NOVAVAX Fractal and Symmetric trianglefirst of all thanks for stopping by.. This text below will be posted on every timeframe
Until now, not much was known about Novavax because it was Moderna or Pfizer what was on the news and media, but now NOVAVAX has been in the news and so that's why the chart popped up on my radar .
On the big picture I'm looking at the 2 monthly chart
To remove some noise and get a good idea of the price, I find a DRABW Right Angled Descending Broadening Wedge here, often a Bullish pattern . At the top we see that another support line has been found where the bulls can prepare themself to make an attempt to attack the upper resistance / ATH again. see also in this picture the divergence that has managed to make a considerable run up. Here it is also nice to see how the share price reacts to favorable news for a company like this.
To stay in the even number, we zoom in slightly to the 2W chart.
here we see very nicely how a Bump and Run is rejected on the 0.382 of the fibonacci, the price just looks up the trend channel and from there the bulls make another attack on the resistance line (Lead-in) and with succes. So mirroring the pattern could give an idea for where it could go .. and so we have now ended up in a symmetrical triangle i even think that in an EW count, this could be an Ending diagonal or a correction wave. and after a corrective wave comes another impulse wave (up or down).
Ending with the day chart. zoomed in on the symmetrical triangle.
good to see how the pressure is on the top in the pattern. and the picture is how the situation is. you could even spot a fractal white squares and if it would continue, which means that it could happen again. So keep an eye out and look for supporting within the pattern.
Keep calm, do your own research! trade safe and manage your risk.
*(Disclaimer: This is not financial advice)
Coronavirus (COVID-19)
NOVAVAX BARR into Symmetric trainglefirst of all thanks for stopping by.. This text below will be posted on every timeframe
Until now, not much was known about Novavax because it was Moderna or Pfizer what was on the news and media, but now NOVAVAX has been in the news and so that's why the chart popped up on my radar .
On the big picture I'm looking at the 2 monthly chart
To remove some noise and get a good idea of the price, I find a DRABW Right Angled Descending Broadening Wedge here, often a Bullish pattern . At the top we see that another support line has been found where the bulls can prepare themself to make an attempt to attack the upper resistance / ATH again. see also in this picture the divergence that has managed to make a considerable run up. Here it is also nice to see how the share price reacts to favorable news for a company like this.
To stay in the even number, we zoom in slightly to the 2W chart.
here we see very nicely how a Bump and Run is rejected on the 0.382 of the fibonacci, the price just looks up the trend channel and from there the bulls make another attack on the resistance line (Lead-in) and with succes. So mirroring the pattern could give an idea for where it could go .. and so we have now ended up in a symmetrical triangle i even think that in an EW count, this could be an Ending diagonal or a correction wave. and after a corrective wave comes another impulse wave (up or down).
Ending with the day chart. zoomed in on the symmetrical triangle.
good to see how the pressure is on the top in the pattern. and the picture is how the situation is. you could even spot a fractal white squares and if it would continue, which means that it could happen again. So keep an eye out and look for supporting within the pattern.
Keep calm, do your own research! trade safe and manage your risk.
*(Disclaimer: This is not financial advice)
NOVAVAX DRABW first of all thanks for stopping by.. This text below will be posted on every timeframe
Until now, not much was known about Novavax because it was Moderna or Pfizer what was on the news and media, but now NOVAVAX has been in the news and so that's why the chart popped up on my radar .
On the big picture I'm looking at the 2 monthly chart
To remove some noise and get a good idea of the price, I find a DRABW Right Angled Descending Broadening Wedge here, often a Bullish pattern . At the top we see that another support line has been found where the bulls can prepare themself to make an attempt to attack the upper resistance / ATH again. see also in this picture the divergence that has managed to make a considerable run up. Here it is also nice to see how the share price reacts to favorable news for a company like this.
To stay in the even number, we zoom in slightly to the 2W chart.
here we see very nicely how a Bump and Run is rejected on the 0.382 of the fibonacci, the price just looks up the trend channel and from there the bulls make another attack on the resistance line (Lead-in) and with succes. So mirroring the pattern could give an idea for where it could go .. and so we have now ended up in a symmetrical triangle i even think that in an EW count, this could be an Ending diagonal or a correction wave. and after a corrective wave comes another impulse wave (up or down).
Ending with the day chart. zoomed in on the symmetrical triangle.
good to see how the pressure is on the top in the pattern. and the picture is how the situation is. you could even spot a fractal white squares and if it would continue, which means that it could happen again. So keep an eye out and look for supporting within the pattern.
Keep calm, do your own research! trade safe and manage your risk.
*(Disclaimer: This is not financial advice)
After a great fall and come with a great hikeHave been following and even trade with bitcoin in 2021. And this is really a great experience.
It is more than just stock or forex which you have no idea why it is going up and why it is going down when it move.
You will be spoon feed with news later.
So call "Buy on rumors and sell at news, wise versa" this is true.
However, rumors are really named as rumors for certain reason.
Ending the 2021 with a giant up trend channel which is usual for bitcoin. Noting is small gain in this world which we have to take it or leave it.
Learning to hold or stake stable coins is my next move and already doing that with terra network under the Anchor platform.
Just message me for URL if you are interested.
However, this market remain hot and interesting due to a lot of young active energetic moneys are involved. You can check up the tik tok to prove me wrong.
Merry Christmas and Happy 2022.
Covid with the Omicron had sunk the markets for a bit however, once the report is optimistic, bitcoin take no waiting and recover. This is really scary. No body able to predict with the graph.
It suppose to take a rest at 40k isnt it, however, it does not happen. -It do behave like these, it know what all think and react the other way. Playing cat and mouse game.
Regard
silver.
Possible Pfizer Play AlertPfizer has had exponential growth over the past few months with delta variant and most recent omicron variant. Through these ideas we have seen billions of vaccines purchased by other countries and the United States. U.S just administered 500 million doses along with that the FDA just gave the green light to oral antiviral pill. We see a double touch and fall leading to a big jump after a consolidation period in the end of November to early December and right now we are sitting in that exact same bout again and all these purchases of vaccines and antiviral pills being released. Its prominent that Pfizer is bound to reach new highs especially within the early months of 2022. First few calls initiated at 60.3 and a load in the 61.55 zone as we break resistance lines.
Stikes: January 28 2022-63 dollar calls- 20% chance of profit- Greeks showing decline of .03 a day with a delta of roughly .3 off the dollar jump
Pound jumps as Omicron risk dismissedIt has been a very good week for the British pound, which is up 1.29%. So good, in fact, that this will likely mark the pound's best week of 2021. On Thursday, GBP/USD punched above the 1.34 line for the first time in a month.
The pound's newfound strength is a result of stronger risk appetite. When Omicron first appeared on the scene several weeks ago, there were dire predictions about the damage another wave of Covid would cause to the global economy. Omicron has spread very quickly across Europe and the US, but investors remain optimistic that although Omicron is much more contagious than Delta, the symptoms are milder, according to some medical reports. With risk sentiment on the rise this week, we are seeing a movement away from the safe-haven US dollar, and the pound has gained ground.
Despite the optimism displayed by the markets, it is far from clear that Omicron is nothing more than a tempest in a teapot. More research is needed to determine if Omicron is indeed less severe than Delta. Even if this is the case, Omicron could cause severe symptoms in unvaccinated people and put a huge strain on hospital resources. As well, it would be folly to ignore the non-developed nations, which are a majority of the world. For many of these countries, the only available vaccine is Sinovac, which may not be effective against Omicron. The optimism we are seeing in the equity markets will have been badly misplaced if Omicron proves to be more deadly than the markets want to believe.
In the UK, there was some light in the pre-Christmas gloom after Prime Minister Boris Johnson announced that it would not introduce new restrictions before Christmas. Still, Johnson warned that there could be further measures after the holiday. Johnson is under intense criticism after new reports that he and government ministers ignored Covid health restrictions against social gatherings. Johnson's claim that these gatherings were working meetings have been met with scorn and there is even talk that the Prime Minister, whose popularity numbers have plunged, could be replaced shortly.
GBP/USD has support at 1.3349 and 1.3261
There is resistance at 1.3462 and 1.3550
Novacyt ALNOV They have marked the supports and resistances of ALNOV.
It has great upside potential, key level reaching $ 5
Last Friday news Clinical diagnostics specialist Novacyt announced on Friday thatots ‘genesig’ Covid-19 real-time PCR test has been approved in the UK.
I send you a cordial greeting, Merry Christmas and a prosperous 2022
In Spain on 12/23/2021
Novacyt ALNOV Graham Mullis, CEO of the Novacyt Group, commented:
“Novacyt continues to process COVID-19 tests for current and future demand. We continue to ensure that innovation is at the center of our strategy and that our growing portfolio of COVID-19 tests is available to clients in private and public healthcare facilities to expand existing partnerships and support new partnerships. Throughout the pandemic, the demand for NHS testing has remained a key priority for the company and the award of the contract under the National PHE Microbiology Framework is a testament to our continued commitment.
“We believe that our long-term strategy also supports the growth of Novacyt after COVID-19. In particular, our progress and growth potential in the private sector will not only help us maximize the opportunity for COVID-19 testing, but also ensure that we are well positioned, along with technologies and partners, for sustainable growth. beyond COVID-19. We therefore believe that Novacyt is well placed to continue to develop its business transformation. "
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
About the Novacyt Group
The Novacyt Group is an international diagnostic company generating a growing portfolio of in vitro and molecular diagnostic tests. Its main strengths lie in the development, marketing, design and manufacture of diagnostic products. The main business units of the Company include the Primerdesign and Lab21 products, providing a wide range of high quality assays and reagents worldwide. The Group directly serves the microbiology, hematology and serology markets as well as its global partners, including large companies.
GBPUSD by UK COVID TimelineThis is the timeline of major COVID related events in the UK and the corresponding chart for GBPUSD. The lower chart is of moving averages of US and UK new COVID cases.
Since the start of COVID and an initial big drop, GBPUSD has seen strength after strength, with a number of significant bottoms coinciding with major events in the UK political landscape.
Put another way, it would appear that several of the government reactions to COVID in the form of Lockdowns and social restrictions have acted as catalysts for significant moves in the Pound.
This can also be seen on the following chart, which is a combination of GBPUSD, GBPCAD AND GBPAUD (these major pairs chosen as they all trade between 1.3-2, giving a roughly similar weighting).
The 1st National Lockdown, introduction of Local Lockdowns and introduction of Hospitality Curfews all created almost perfect short term bottoms for GBP.
We can also see that since the government restrictions have eased - and the subsequent breakout of Omicron variant with little government response - GBP has seen a steady decline.
With new COVID cases reaching back to back all time highs in the UK the general sentiment is that a lockdown, "circuit breaker" or tier system being reintroduced is inevitable. If history tells is anything to go by this is likely to be introduced after Christmas as politicians fear the public backlash if they were to ruin Christmas for families.
Based on this history, if we are to see new strict measures introduced after Christmas, one could potentially view that as a signal to go long GBPUSD or other GBP pair, as the pound has generally responded positively to the introduction of new measures.
(BTC) Bitcoin Short Idea Earlier in the week, BTC fell down towards the support area of 45-46k. BTC has been trading underneath resistance since early December but recently the price managed to break out of it. However, this breakout didn't occur with a lot of volume, this suggests to me that the price will fall towards the support area. The RSI levels are overbought on the 4hr chart too and appear to be tricking down. This suggests the price could drop down from this point. The target of this trade is around the 46k level, with the stop-loss just above the recent high at 50.1k.
USDJPY UNLIKELY TO BREAK 112.000 BARRIER! Here is WHYA very interesting pair to trade during this ongoing pandemic, certainly USDJPY has caught the eye of many traders as both currencies acting as SAFEHAVEN. However in RISKOFF mood, the advantage certainly lies with the JPY, as the SAFEHAVEN status makes it appreciate against various counterparts such as the AUD, NZD, CAD, EURO, GBP. In the case of USD and CHF, the JPY has a bit of tussle appreciating since all are considered SAFEHAVEN assets. Looking at the bigger picture, in the RISK OFF markets the JPY certainly appreciates against the USD. For example since the pandemic began, we saw the JPY strengthen against the USD and fall to levels low as much as 105.000
In the RISKON markets, there is no doubt that the JPY weakens against various counterparts, but mostly against the USD. For example, when the global population started being vaccinated slowly, the signs of recovery in the USDJPY was quite evident, as the pair inched closer to 116.000 from lows of 105.000. A QUITE BIG RISE compared to other currencies paired with JPY.
CURRENT MARKET MOOD: SEEMS TO BE RISKOFF AND RISKON. BUT PARTICULARY SKEWED TOWARDS THE RISKOFF AS THE OMICRON FEARS GATHER PACE
Its festive season and the spread of the new variant would likely make the cases skyrocket, however as many are already vaccinated and boosters shots being administered, we should NOT expect much panic such as the one that was caused by the DELTA variant!. There are other several reasons behind to support this statement
HERD IMMUNITY: since the pandemic began and up until now, the whole population has likely already achieved natural immunity and/or acquired immunity. Even as the new variant arise, our immune system are already equipped to fight off the virus
DEATHS HAVE BEEN VERY LOW: comparing the fatality that delta variant was causing, so far if you observe the number of new omicron cases, the fatality is very very low. This is because of the HERD immunity.
COVID 19 IS HERE TO STAY: Just like the COMMON COLD, COVID19 is here to stay with us. as it mutates and our immune system has also been equipped to fight off new strains. the COMMON COLD and COVID 19 are both classed from the same family of CORONAVIRUS. therefore the world is learning to deal and learn how to live with COVID 19.
THE WORLD WANTS TO RETURN TO NORMAL: People are tired of lockdowns and as per the above point, are willing to live with the virus. be it using vaccines more often or just their natural immunity function. As such major financial banks are already predicting the economic recovery in 2022 and beyond
GETTING TO THE POINT
Current market mood is mixed, that is why it could be seen that USDJPY is ranging after falling sharply on the news that south Africa has detected a new variant. There is no doubt that this festive season would make the new cases sky rocket, however as looking at all the above points, mainly the vaccines and immunity, we can expect the fatality rate to be much much lower compared to the havoc that DELTA variant caused.
Looking at the main chart, the festive season would likely cause the USDJPY price to HIT 112.000 or 113.000 area which is the lower end of the channel as the markets panic and enter the RISKOFF MOOD. But as usual the HERD IMMUNITY AND VACCINES BOOSTER ROLEOUT, would make this less threatening and markets might finally realize this and enter in RISKON mood. This would make the USDJPY price rise and possibly HIT 118.000 in 2022. However the covid 19 is highly unlikely to cause markets to enter in a long term RISKOFF mood, therefore we should expect this channel to hold and guide this pair steadily towards the 118.000 mark in 2022.
In short this pandemic has caused the markets to be so cautious, however looking at all this every large DIP in USDJPY should be seen a buying opportunity.
CHEERS AND THANKS. HOPE YOU FOUND THIS INSIGHT HELPFUL
Last Major Support for AmazonI posted a few months ago Amazon was in a terminal formation. Like a lot of stuff, there was an upside overthrow to knock out any remaining bears, and now we are looking to test the long term support from the 2008 lows. Below that, there are a few other support lines, but the next MAJOR support is around 950-1000 depending on time frame of a drop. Amazon actually probably has a business set up to be fairly insulated from a lot of COVID 19 effects, but none of that is going to matter given the structural setup here and valuations. Cloud stands to see a big fall in growth / revenue when a lot of the businesses that spend money on the Amazon cloud shutter or pare down their capex spending significantly.
GBPNZD Long IdeaGBPNZD has just seen a small sell-off towards the levels of 1.9495 however it appears that there has been some support formed here. If the BoE decides to raise interest rates then it's likely for GBPNZD to push forward and test the previous high of 1.97. As the Fed plans more rate hikes in 2022 it's possible for the UK to follow suit, which is why I'm bullish on pound pairs approaching the end of the week. The stop-loss area for this trade is located just below the bottom of the range at 1.93658.
FWBI Opportunities in Multi-Billion-Dollar Commercial MarketsJames Sapirstein
Chairman, President and CEO of First Wave BioPharma, Inc.:
"We now have development- and clinical-stage programs that span six GI indications with significant market size opportunities, including: COVID-19-related GI infections (estimated at $10 billion, for COVID-19 related anti-virals); ulcerative colitis, ulcerative proctitis and ulcerative proctosigmoiditis (estimated at $5 billion); Crohn’s disease (estimated at $7.4 billion); immune checkpoint inhibitor-associated colitis (estimated at $22 billion for immune checkpoint inhibitors); and exocrine pancreatic insufficiency (EPI), a dangerous digestive disorder that afflicts most patients with cystic fibrosis and chronic pancreatitis (estimated at $1.6 billion)."
Short term price target: 3.31, medium term: 6.44, end of 2022: 9.5.
OCGN COVAXIN Robust Immune Memory to COVID-19 and VariantsNew Data suggest COVAXIN (BBV152) may provide protection against current and future variants!
data from a Phase 3 trial that included nearly 25,800 participants: 77.8% overall efficacy, 93.4% efficacy against severe illness and 65.2% efficacy against the Delta variant.
52 Week Range 0.28 - 18.77
My price target is the 10.30usd resistance.
SPX500 Long IdeaThe S&P500 has recently seen a small sell-off towards the 4600 area. As we are at year-end many are making predictions as to where the SPX will be in 2022. Almost everyone predicts a level above 5000 which is very bullish. From a technical perspective, the RSI indicators on the 4hr chart are in oversold conditions (24) and the price has seen a small bounce from the 4600 area. We are close to all-time highs and considering the trend direction it makes sense that a retest of this level is likely. The target of this long position is the recent high of 4719. The stop loss area for this trade is at the 4600.00 level.
GBP CHF Long IdeaGBPCHF has been in a steady downtrend for some time now. Sterling has been underperforming as of late however it does appear that there could be some movement to the upside soon. The price has fallen down to test the 1.2161 area that has acted as a support level before. The RSI indicators on the 4hr chart are oversold at 10. Tomorrow the Uk will reveal the YoY Inflation rate that will impact pound pairs across the board. The target for this trade is a retest of the descending trend line at 1.223 and the stop-loss area for this trade is at 1.208.
CRYPTO MARKET CAP & COVID19 DEATHS - Conspiracy?! Coincidence!? Hi, this is CRYPTOFILIO, your dark knight in the lightness!
This nugget of truth is about DEATH and CRYPTO..... Almost as correlated as death and taxes...
The blue line is the crypto total market cap and the yellow line is COVID19 DEATHS in the US (same scale and percentage). I'm not saying crypto causes covid or covid causes crypto - or eggs cause chickens or chickens cause eggs.
Can you handle my cold hard crypto factoids, while I handle your warm, soft....
If a star fell from the sky every time I thought about you, then the sky would be empty... And, consequently, billions of innocent aliens, whose planets fell out of orbit... would suddenly die.
Think about these deep thoughts for your shallow life!