Inv Head and Shoulders seems to be forming on BioNTech company listed on the Nasdaq.
We might have a consolidation period for the final shoulder to form before it breaks up and out of it. There is also a solid uptrend, which the price continues to make higher lows.
With the price staying above the 200MA will help the bullish momentum send it to the first target of $138.36.
Let's see how it plays out as it's still a bit early before jumping in.
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Feragatname
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