Thursday, July 19, 2012

Novavax - NVAX - buy signals

This morning I added to Novavax (NVAX) to the Barchart Van Meerten Speculative portfolio for great upward momentum.  This is an hourly trading chart covering the last month:

Novavax (NVAX)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 69.29% in the last month
  • Relative Strength Index 89.03%
  • Barchart computes a technical support level at 2.02
  • Recently traded at 2.16 with a 50 day moving average of 1.46



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