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...
Hi Guys, this is a Technical Analysis on BionTech (BNTX) on the 3 Day Timeframe. We are currently approaching a MAJOR RESISTANCE Trendline. This Trend started from the TOP in 08/2021. Everytime we've interacted with it in the past, we've been REJECTED. Will we get Rejected again? Well, we've had 3 touch points already. In trendline theory, it states that...
Biontech SE ADR $130 PREDICTED LIVE This stock move is called a bounce, rock, algo skate. Pillar worthy
BNTX is finally concluding a year long descending triangle pattern. I see a low risk entry at $150 and will be buying. Stop loss set at $138.49, risking about 8.5%. If we see a large move upward, I could see the stock retesting both its 200 day moving average (likely at $183) and its next major resistance after that at $295. A potential of nearly 100% profit (not...
The Statistics say between $182-$253 (1 year) This Looks like it can Happen in 1 Year. That will depend on their Progress. Let's see what will happen in 2023, but it looks ok to hold for the next 5 Years or more BioNTech aims to develop the first mRNA-based vaccine for Malaria prevention with the initiation of a clinical trial by end of 2022 BioNTech is...
$bntx has NO volume support until green box 24% lower... #bntx —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every...
BNTX has broken out nicely upon earnings it also aligns nicely with the pattern price is portraying which is an ascending scallop, commonly considered a bullish pattern
We just finished Elliot wave 1-5 and ABC pattern, already bounced off of a strong demand zone and 71.8% fib zone we can enter right now but our R/R ratio is 1.7 since we missed first bounce, what we are looking for is a retrace to our entry point ant 71.8% fib zone and enter there. Also market made a gap at 182 zone which has to be filled. Also a gap at 325 zone,...
Enter after breaking the trendline. Even if the end of the epidemic has a big impact on the price, it is still possible enter a long position and be a winner!
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
I will buy Biontech after breaking through the turquoise bold line. In doing so, I will set a short stop lose at 0.4% below this line and will raise it over time. Next, I plan to buy after the next thin turquoise line is broken, if the indicators favor buying. This is not a financial recommendation. Take care.
$BNTX BioNTech got wrecked since its August high and lost over 50% of its value. BNTX is at it's 200 day moving average, if that holds as support, it is a very nice swingtrade setup. With Covid numbers rising all across the world and booster vaccines for everybody getting more and more a thing, BNTX could possibly go on another bullrun cycle. Approach with...
The news are great, the fundamentals better than ever, but the stock is dropping. WHY? The big reason is, that big money wants to buy your share before the next bull run. Therefore they try to push the price into liquidity zones where a lot of Stop/Losses are triggered. 250€ and 200€ are important Fibonacci targets which act like magnets. Bull Case:...
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
After the last ATH, Biontech corrected quite swiftly with up to -31% on the swing low. Let's analyze where we are going most likely to trend next: First look at the bigger scope: Lower time frame: Wave analysis: Targets: What will happen afterwards?
Biontech had a run of 135% from April to May but also tanked up to -35% in a short period of time due to the Biden patent waive statement. Nevertheless, the FUD is over, we are still in a bullish momentum and the fundamentals are looking better than ever. Bear in mind, I'm drawing only charts here, eventhough my bullish forecast is also backed by the earning...
As you can see from the chart, the RSI is oversold, which means one thing. Breakout season! Now you have heard me say this all the time but a breakout is coming! You can see on every time the RSI has oversold, it has led to all-time highs or breakouts of their patterns. Brace yourself because i bet we are gonna breakout either this month or March and if it breaks...