$NVAX MM's closing BUY of 23,332 at $3.94 ($91,928.08), -1.50% below the $4.00 open and 5.07% over prior $3.75 close. Although closing buy not all that large for MM, does argue for at least an early short period of price held high as MM sheds shares at a profit next trading day IF doesn't unload 'em AH/PM AND market doesn't go against MM. On my minimal daily chart trading was completely above both falling resistance lines (yellow and green as seen on this prior 16:06 chart from yesterday, 11/26 dropbox.com/s/u2vb8zwbionqd...). A consecutive close above these lines frees price to try and get by the $4.01 low (red horizontal line) that was tested and held today. Odds look reasonable we'll get the break confirmation and then push past the red line, maybe with a day or two effort? Volume almost double yesterday's, suggesting some strength BUT could be just a pop on the resumed PT by B. Riley FBR analyst. stocktwits.com/MarketNinja/... (looks like typo said $17 PT but actually $12?).
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