[NVAX] Sliding Back to $40, Collapse if It Breaks Through

I missed this guy when I jumped on MRNA and INO earlier this week.

Just trying to pin this one down a bit, coronavirus stocks are wild and fun :).

For FOMO stocks, typical support and resistance horizontal lines aren't as predictive and you should instead look to the Volume Profile.

Support should be right around the POC, which is $40.

It should slide down to that and hang a bit before breaking through and crashing down. May bounce back up too but seems unlikely.

All indicators are lining up at the start of a downward channel and signaling a short move too.

June market crash is probably gonna move this more than anything as retail tries to secure their tiny profits or stem their massive losses.