Long
VXRT

Vaxart (NASDAQ:VXRT) has made an awesome move recently with volume backed confirmation before the event at the World Vaccine Congress Washington 2021 that will be held virtually from May 4-6, 2021. The technical daily chart above shows the stock is in a bull market rally as MACD is on top of signal line and %K line is on top of %D line. In addition, the medium term trend is also bullish as the stock is above 50-day and 200-day moving averages with both moving averages going up. At this point, there could be some profit taking to reset the overbought conditions and provide some room to develop a new trend up, as VXRT seems to rise too quickly in a short time.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.