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COVID-19 Biotech Play: Bullish chart pattern developing
BioNTech SE
Long
COVID-19 Biotech Play: Bullish chart pattern developing
Di Lanmar
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Aggiornato
9 nov 2020
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25 ott 2020
BIONTECH could be forming an ascending triangle from here. If it does, this is how I could see price develop in the coming months.
Click
here
for the company's landing page
"We are aiming to address the global pandemic- Our goal is clear: making a potential vaccine available worldwide as quickly as possible"
Click:
COVID-19 strategy
BIONTECH is largely focused on cancer therapy, but also actively developing a vaccine for COVID-19.
I currently have no position - I'll start buying in small layers in the coming days/weeks
The ideal price action I want to see is continued consolidation, followed by a breakout above $105. ~$65 needs to hold.
9 nov 2020
Nota
Breaking out:
1 dic 2020
Nota
A lot sloppier than I expected but that's the market for you. New highs and I expect this stock to hit the 200s per share in 2021:
17 dic 2020
Nota
Major retest here.. could risk the lows. This stock has beaten me up quite a few times. High vol and very sloppy:
BNTX
Chart Patterns
Wave Analysis
Lanmar
Segui
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