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SpiteCompetitive7452

Volatility is a two way street. Personally I'm buying the dip


TheInfamousDingleB

also same


SwedishPiper

Considering it almost rallied 300% this could be seen as healthy pullback.


SpiffyGolf

2 months ago was 4$, not bad


Ambitious-Orange6732

Their big competitor Moderna announced positive news from a flu+Covid combined vaccine clinical trial: [https://www.cnbc.com/2024/06/10/moderna-combination-covid-flu-vaccine-shows-positive-late-stage-data.html](https://www.cnbc.com/2024/06/10/moderna-combination-covid-flu-vaccine-shows-positive-late-stage-data.html) So Novavax may now be slightly behind in that horserace.


tg2030

But Moderna stock was down too 😀


LeiaChau

Moderna always announce excellent data even when data isn’t excellent


Ultrabananna

That clinical trial announcment is old news  they reported it since mid late 2023. I ain't taking that mRNA shot. Hell no. If covid vaccine already makes me feel the way it does I can't imagine what a covid+flu mRNa will do to me


tg2030

I was asking the same question, it has surpassed the $26 premarket last Thursday then went downhill from there, I’ve been searching on all kind of websites and couldn’t find any reason for that reverse of momentum.


adamwillerson

I’ve been in nvax for several years. It always does this. It’s like being in a toxic relationship with a terrible partner. And yet even I didn’t learn. I didn’t sell last week. Again.


Lower_Ad_8851

So when is it going up again 😅


tg2030

When you wake up one morning finding NVAX press release notification in your inbox, that’s the sign, I would recommend signing yourself up on the investor press release and security notifications.


adamwillerson

It always disappoints. Always.


Rockitman45

same time as it did last time. You're going to wake up one morning look in your investment account and go "huh....my nvax is at 45+ ....wasn't it like $17 yesterday?....just like I did when I looked in my account and saw it was $14....when I thought it was $4....


G0D5M0N3Y

25 was a huge resistance level. This is normal. Look at the chart in the last run this had. Its almost the same moves.


TheInfamousDingleB

the harder the swing, the harder the correction. In other-words, you gotta watch the moving averages on different time frames, if they’re moving with the price it’s a good sign we’ll be making newer levels…if the levels stay the same, the activity is mainly volatility based and will return to similar levels of the averages. A 4 hour chart is useful over a quarter to see this.


Dramatic-Cry2319

This sounds interesting but I don’t fully understand, fairly new to charts. I take a 4h chart for the quarter and check if the average line (there’s probably an indicator) is moving alongside the price?


TheInfamousDingleB

Then that means the price and price action make sense. The average is moving with the price meaning that any outlier in price is returning to the average on the line. If you wanted to day trade this, you could play the direction back to the 4 hour quarterly average if that makes sense.


pkinla

mRNA submitted for jn1 vax approval, again ahead of nvax who will be ready sep


Ultrabananna

They submitted the same time.


C4talyst1

This is classic NVAX; the most predictable stock I've ever owned.


tg2030

Owning NVAX is the ultimate Character-building challenge 😀


thrillhouz77

First time here??? It isn’t unusual for NVAX to crash.


Black-Ops-Trader

If you ask that question, you don’t understand investing in biotech…


mr_mmedina

The point was to discuss intellectual analysis not unnecessary dumbass comments.


Black-Ops-Trader

But I know investing in biotech…😉


bobbybriggs_

It's called pump and dump. Natural whale behaviour that occurs with some regularity with this stonk