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$DVAX, Friday Sept 24, We are UP 1.17% and AH Up 0.71%
$DVAX Next Week - Up Again ?
$DVAX Sept 22 Yesterday's close: $18.79 Up 26.45%
Sept 23 Today's close: $19.60 (HOD) Up 4.31%
AH: $20.10 Up 2.55%
$DVAX Tomorrow ? UP I Think !!!
Surging Dynavax Stock Could Soar Even Higher
Jake Scott
Wed, September 22, 2021, 2:00 PM·2 min read
Biopharmaceutical concern Dynavax Technologies Corporation (NASDAQ:DVAX) is up 33.9% to trade at $19.90 this afternoon. This surge comes after news broke that Clover Biopharmaceuticals reported its Covid-19 vaccine candidate, which utilizes Dynavax's CpG 1018 adjuvant, was 67% overall effective against Covid-19 and 79% against the Delta variant. Even better, DVAX recently pulled back to a trendline with historically bullish implications, giving investors plenty of reason to believe that the stock could soon surge even higher on the charts.
Specifically, Dynavax stock just came within one standard deviation of the 40-day moving average, after spending much of the last three months above this trendline. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, six similar signals have occurred in the past three years. The security enjoyed a positive return one month later in 60% of those cases, averaging a 22.9% gain. From its current perch, a similar move would put DVAX near the $24.45 mark, which represents territory not seen since early 2016.
On the charts, the security managed to reclaim a fresh three-year peak of $20.66. Today's positive price action also has DVAX pacing for a close above the 20-day moving average, after seven-straight closes below the trendline. Year-to-date, Dynavax stock boasts a 352.1% lead.
Options traders are bombarding the stock following today's vaccine news. So far, over 25,000 calls and 5,831 puts have exchanged hands, which is five times the intraday average. The most popular contract is the October 20 call, while new positions are being opened at the 19 call from the same series.
Short sellers have already been building their positions as well. Short interest has grown 22.2% in the last two reporting periods, and the 23.21 million shares sold short make up a healthy 20.3% of the equity's available float, or over six days' worth of pent-up buying power.
https://finance.yahoo.com/news/surging-dynavax-stock-could-soar-180013420.html
$CLOV Going Deep Green Now !
Like I said:
Hank Tuesday, 08/10/21 12:52:56 PM
Re: None 0
Post # of 1918
$CLOV Going back up and more !
Who is in DEEP GREEN ?
ME !!!
Like I said:
Hank Tuesday, 08/10/21 12:52:56 PM
Re: None 0
Post # of 1918
$CLOV Going back up and more !
$CLOV Going back up and more !
$CLOV Over 9 Bucks Now ! Will Run Higher and Higher !
$CLOV pushing for 9 bucks !
Earning run-up ... 8.5 bucks so far ...
Adding all I can now hoping for a run-up to August 11th.
How About 8.40's ? We Sure Are On The Way UP !!!
$CLOV Starts Running ?
Good for you ! I am loaded and hoping CLOV can reach and surpass June high of $28 .... soon !
$CLOV going back to $28 soon with all the good news !
$CLOV After-hours Trading Up, Up and Up !!!
$CLOV 9++ Bucks !
$CLOV She's running fast now !
ALKM 52-week Low .0004
ALKM Currently @ .0016
DO YOUR MATH !!!
300% Gain Ain't Bad !!!
To Da Moon !!!
$ALKM Keep Adding for Da Moon !
It did indeed happen in Kellyanne Conway's alternative universe !
That was the funniest story I've heard all day !
Hank Friday, 06/04/21 08:32:47 AM
Re: Cryptofan post# 46068 0
Post # of 46530
Will be back for more $ALKM soon ...
Taking a vacation going over to the hottest movie theater chain on earth (so-called meme stonk) to watch some great movies. Doing really well there. Got in around 10ish ...
Will take some profits and buy tens of millions more $ALKM !!
I AM STILL HERE IF YOU ASK !!
COLOSSAL GAIN TODAY !!!
CLOV to da moooon !
You forgot to add an adjective like UNIMAGINABLE before the PAIN !!
CLOV has just put on the running shoes !
She is ready to run hard !!!
AMC GREEN !!!
Business growing ... $ALKM to da Moon !
A little bird told me yesterday that $ALKM will go to da Moon then to da Mars so I loaded big time !
Time to buy some more $ALKM for the next run !