Monday, July 27, 2015

Novavax pull back

So what if the market is weak.  NVAX is weaker.  Here are some of my thoughts.  If pending news is bad, there is no way to know.  If many top insiders start selling, time to think of an exit plan.  Price is above the 50 day average so everyone should be happy AND prepared for more of a drop.  200 day average is rising, allowing price to expand as high as near 16 short term.  Further news expected.

Past winners of TSLA and examination of missed bulls of ALXN and JAZZ suggest the current 15% of the top pullback acceptable and another similar size move down quite possible.

Stick with the plan.

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