BNTX looks to be completing a primary B wave retracement to begin the bio bear market.
Target $167.
Not advice.
Target $167.
Not advice.
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Down 20% the following day. Thats a good start for team bear. 🐾
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Will probably test resistance and retrace to 0.382, could carry on up to test diagonal trend - we'll see.
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0.382 and resistance tagged. Price in contracting retracement as seen by BB. Will probably drop at least to 1:0.618 @ $260 from here to complete minor C wave.
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Price hits 0.618
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Target hit. Any questions? 🤔
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This worked well.
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