BioNTech prepping for major upside to 138
Inv Head and Shoulders seems to be forming on BioNTech company listed on the Nasdaq.
We might have a consolidation period for the final shoulder to form before it breaks up and out of it.
There is also a solid uptrend, which the price continues to make higher lows.
With the price staying above the 200MA will help the bullish momentum send it to the first target of $138.36.
Let's see how it plays out as it's still a bit early before jumping in.
We might have a consolidation period for the final shoulder to form before it breaks up and out of it.
There is also a solid uptrend, which the price continues to make higher lows.
With the price staying above the 200MA will help the bullish momentum send it to the first target of $138.36.
Let's see how it plays out as it's still a bit early before jumping in.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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