BioNTech SE
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COVID-19 Biotech Play: Bullish chart pattern developing

905
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.


Nota
Breaking out:
syot kilat
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:
syot kilat
Nota
Major retest here.. could risk the lows. This stock has beaten me up quite a few times. High vol and very sloppy:
syot kilat

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.