TICKER CODE: VBIV Company Name: VBI VACCINES, INC US Stocks Health Technology Biotechnology
Position Proposed: BUY
FOMO BUY ENTRY: NOW READY (3.94) NEXT BUY ENTRY: (3.30)
1st Partial Take Profit: 6.75(End 2021) 2nd Partial Take Profit: 9.60 (End 2022) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 2.80
Technical Analysis 1. LARGE INVERTED HEAD & SHOULDERS PATTERN (Forming 2nd Shoulder) 2. Area of Confluence on EMA & structure level 3. Fibonacci Retracement at 0.786 4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone) - This take profit is also at Key Level 5. 2nd Partial Take Profit will be at level 2 of Fibonacci Expansion Blue Zone. 6. Take Profit will be in the same price range as the Flagpole.
Note that there might NOT be a RETEST FOR A RE-BUY ENTRY
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.