Tuesday, July 2, 2013

Good news and chart pattern

Novavax moving up, likely multifactorial:
1.  It is a growth story worthy of owning.
2.  Scared money scared away.
3.  ONXX sympathy move.
4.  Good RSV news for elderly this am.
I expect it will take some time but it looks like we could see right hand of a cup kind of price action.  I'm not adding but break above 2.77 confirms good stuff in the future.

Click image if you want larger.

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