NOVAVAX Long term count

10 ก.ค. 2022

Weekly update with my long-term scenario... It looks short-term bearish, but it is the best scenario for long-term bulls according to Elliott waves! It has a gap fill in the low 20s, and then a wave (c) super cycle will start. As you see on the side there is a gap of volume below 35 and then a huge amount of volume from 10s-20s, I am not saying we will go there, but needs to be served somehow, maybe 20-25... The catalyst from the revisit of the lows maybe will be a market crash or lower covid cases and no new orders, maybe a new pill, I don't know... But I think we are not out of the woods just yet, not so easy!