Home About the company Daily reviews BioNTech SE (NASDAQ) Analysis, Chart, and Trading Idea

BioNTech SE (NASDAQ) Analysis, Chart, and Trading Idea

17.01.2023

Market Review



#BNTX
 



The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold situation.


Trading idea:

Buy at the formation of the ascending wave structure, when the (A) wave breaches the sloping channel of the downward truncated structure

Stop-Loss support level: 142.00

Target price levels: 162.00; 180.00

Author: GC
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