Novavax price collects profits - Forecast today - 10-06-2024

Economies.com
2024-06-10 12:30PM UTC

Novavax’s stock price (NVAX) fell in the intraday levels on profit-taking, while gathering momentum to rise anew, amid the dominance of the main upward trend in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect the stock to return higher, targeting the resistance of $23.86, provided the support of $14.16 holds on.

 

Trend Forecast: Likely Bullish 

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