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NVAX — breakout

NVAX breakout chart
Event date2020-06-15
Timeframedaily
Market cap$500M
Volume vs. average2.5x
Risk Reward+15.0
Tagsnone

Summary

Health tech was the best sector during COVID days. It consolidates for a couple of weeks after a big move and breaks out. Sell the first part a few days later and the rest after it closes below the 10 MA, since it's a fast moving stock.