Novavax looks to move today as news of vaccine trials in the U.K. were positive. Prior highs would be initial targets but an analyst may want to look at a shorter timeframe chart to take advantage of any pullback during the session.
The GoNoGo Trend has been a “Go” since the end of November with the GoNoGo Oscillator managing to find support at the zero line for most of the time even while price has primarily moved sideways.