After the close, we review the technical picture for Novavax (NASDAQ: NVAX) using the daily, weekly, monthly, and quarterly charts.
Topics covered:
Daily through quarterly technical analysis
Why the quarterly MACD remains significant
Key moving averages
Major resistance near $11
What I’m watching next
Our Take:
NVAX remains technically constructive. The longer-term charts continue improving, the quarterly MACD remains one of the strongest features, and the stock is holding above key moving averages. The next major technical hurdle is a decisive breakout above $11. Until then, patience remains the strategy.
Disclosure: I am long shares of NVAX. This video is for educational purposes only and is not investment advice. Please do your own research before investing.
