3SOF

One of the top stories in Yahoo!News mentains Novartis this morning.

http://news.yahoo.com/s/afp/20050925/hl_afp/healthflupharmasector_050925233419

I'm in again @ $1.69 pre-market.

Remember this was a top gainer on the Nasdaq a few weeks ago 70%.

SVA should rally too!

poorman1

Mistake again Novartis is not NOVAVAX.  Still NVAX may rally.

I apologize.

poorman1

So for any of you who are following NVAX out there, things seem to be shaping up for a nice upside break.

As Aussietrader's TA showed, there appears to be a couple of ascending support lines that it was running down to - these have recently crossed over and we are fast approaching the end of an ascending triangle, with resistance at 1.75.

Depending on which one it is, the short shallow one or the longer, steeper one, these have a technical tarrget of either ~$2.75 or ~$2.25.  Either way, quite a nice gainer if it works out 

Methinks I might go in first thing tomorrow morning and see where she blows - ooh arr!! (soory too much pirate grog 

the flying scotsman

in today at 1.83
look for monday to strenghen. i have watching this one since it's big climb on the 29/8
think it is set top move ahead imho
maxi

Great day for NVAX. Volume and price action, gotta love it. I plan on filling a position in on Monday's open.

TA:

future barriors:

1. Fill the gap at 2.05
2. Close above the open price on 8/30/05 of 2.39 to complete a G-pattern.

Sell: if close below 1.45.

-fousc

good it analyzes, I am with you

the starting point started in 1.75 ... the limit is the sky.

Holding 5 k shares @ 1.47

Interesting week in prospect. Need to take out the 200ema on daily chart. My weekly chart gives me a $4 target zone (in time) 

Looks like NVAX will open Monday +6% right at the 200ema $1.85, this would be good as no gap on the chart is introduced becuase the Friday high was $1.91.

Interesting week in prospect. Need to take out the 200ema on daily chart. My weekly chart gives me a $4 target zone (in time)

Quote

hi aussie trader ,
why are our 200 ma in different places?
could you enlighten me ?
thanks ,
maxi

Hey Rick,

I use 200ema and sma on my charts

200sma = $1.73
200ema = $1.85

NVAX couldn't break that resistance today

thanks aussie trader,
what do you think about nvax . it seems to be rising every day . would like to see it move above  the last big candle on the 29th aug. it is gradualy moving . i don't know much about the fundamentals if any one has looked at the fund. please let us know.
thanks
happy trading
maxi

It seems a lot of stocks having to do with viral infections are on the rise. SVA is moving quite well. So I was doing some searching for others that may be related. One was HEB, which I see was posted by saffeysite1. Another is AVII, NVAX, SIGA (low volume). There may be other people doing the same searches and buying on speculation of an epedemic.

waiting for 200 MA to be taken out ...  pull back to the middle of BB a little bit support look strong around 1.44 and have little triangle break out. hopefully this will run soon. everything look good at this point. JMHO

Quote from: AussieTrader on October 03, 2005, 09:29:02 AM
Looks like NVAX will open Monday +6% right at the 200ema $1.85, this would be good as no gap on the chart is introduced becuase the Friday high was $1.91.

NVAX is at it again pre market bidding up past the 200ema, on decent pre volume. Maybe today it will hold onto a breakout.