COVID-19 Biotech Play: Bullish chart pattern developing
Updated
BIONTECH could be forming an ascending triangle from here. If it does, this is how I could see price develop in the coming months.
Click here for the company's landing page
"We are aiming to address the global pandemic- Our goal is clear: making a potential vaccine available worldwide as quickly as possible"
Click: COVID-19 strategy
BIONTECH is largely focused on cancer therapy, but also actively developing a vaccine for COVID-19.
Click here for the company's landing page
"We are aiming to address the global pandemic- Our goal is clear: making a potential vaccine available worldwide as quickly as possible"
Click: COVID-19 strategy
BIONTECH is largely focused on cancer therapy, but also actively developing a vaccine for COVID-19.
- I currently have no position - I'll start buying in small layers in the coming days/weeks
- The ideal price action I want to see is continued consolidation, followed by a breakout above $105. ~$65 needs to hold.
Note
Breaking out:Note
A lot sloppier than I expected but that's the market for you. New highs and I expect this stock to hit the 200s per share in 2021:Note
Major retest here.. could risk the lows. This stock has beaten me up quite a few times. High vol and very sloppy:
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