hello guys welcome back K so guys update on Novak ticker and vax I made here already couple of videos on my channel and already talked here in February that we could see here a massive short squeeze you can see all the videos here on my channel guys and more or less I predicted this squeeze here to happen and I want to let you know if we could see here now a even bigger short squeeze and I try to answer that question here based on the chart this is of course was not Financial advice okay guys let's start with the chart um yeah we had this massive breakout here squeeze from the true $350 range here there was something like a spring in I don't know guys if you are familiar familiar with wof patterns I want to show you also something in this video how this is more or less also predictable but I normally Focus here on Trend Channel patterns and of course resistance and price levels here in the chart very easy to see and yeah a lot of my members ask where to buy this ticker of course I cannot give any Financial advice but what the chart is telling us that we have here something like a Make It or Break It price level for noox you can see all my previous videos I never change or adjust the chart lines here soon I as soon as I identify here one uh price levels guys I marked them in the chart and I already uh said that I expect the retest here of $9 62 guys this is the blue line here in the chart so let's make a quick recap here what happened so we are here of course in a big short squeeze for nox and as I said I try to answer you if we can see a continuation of the squeeze what do you need for a continuation of a squeeze guys you the market makers of course will try to bring the price down and you need the confirmation of the buyers or even from the short sellers himself or themselves that they start to cover again some positions here in the yeah very significant price levels here so I said in my previous videos that I expect here a retest of $6 $9 62 sorry so let's make a quick recap if that happened so I press play here on trading View and we can simulate here the chart there we go so break out to the upset boom guys and there we are so that was the price action that I expected um to be honest I'm still bullish on noox but if we go lower than $810 I will turn bearish yeah as long as we don't go below $810 I will turn bearish but you can see here that was a perfect absolute perfect retest we had here a massive shake out for noax we lost here a price you can see that the market is of course guys actually in a correction mode we lost here minus 24% here with just two price days here two candles and yesterday closed with 9% plus and you can see we retouched perfectly $9 62 with a fake out here and had a very strong Rebound in total as you see here the price action was even more than 33% and this this is very very bullish guys however yeah listen this is very important here this is as I said my opinion so why was this so predictable because we can see that we had here a massive Gap up for novavax over this price level here when the big squeeze got initiated here in total when we see the alltime low at $353 it was of course almost aligning perfectly with the low in 2020 then we can see here we had a squeeze of 574 per. the yeah the Target price here didn't we didn't reach the price Target here yet I still think guys $24 81 here the green line in the chart is one of the Make It or Break It price levels to the upside to see even a bigger squeeze if you don't know this ticker here guys Noak squeezed already from $3 yeah 6070 to $330 guys yeah so the squeeze potential is massive so I Tred to predict or give you here the next price targets here to the up and to the downside guys if you don't know my channel uh I always try to predict here short squeezes yeah of course the main purpose is to educate you in trading yeah everybody who watching my video I always try to show you here the chart techniques how to predict squeezes or sell-offs by yourself this is the main purpose but I also have a lot of other short squeeze stocks here in my pocket which I present on my channel and I call them the hot stocks guys yeah I today's Friday so I upload here every weekend I upload here brand new hot stocks what is that guys hot stocks are tickers with High squeeze potential very unknown so normally you don't find any YouTube videos here on these tickers guys and I already predicted here many many squeezes same like from novavax as I said you can watch all my previous videos where I already talked about the squeeze here and I predict here also to try to predict your short squeezes on my channel um yeah I did that successfully here in the past week so just here on the 30th of July we had our hot stock squeeze here that was one of my July hot stocks here uh the day when I made the video released the video was here on Sunday and then on Monday we directly had a pump and then in total we squeezed 123% and the biggest hot stock squeeze which I predicted in July was this one here guys this ticker here here was the day when I released my video I said we have here High squeeze potential and then here just one day later a squeeze got initiated and we squeezed 976 per in total guys if you want to see these videos guys you can check out here my memberships I have two memberships the elite Circle membership on YouTube which has access to to those videos but the more popular membership is the full package membership on patreon you also get access to all the member videos here I upload the videos here on that platform as well but you also have a lot of other benefits and also you can see my Trading alerts guys so I also post here additional to the hot stock some tickers with high squeeze potential show the Buy in price levels stop-loss price levels and the exit price levels here and this is also just one example from this week where we had 116% after my prediction guys if you want to to join in we are very fast growing Community here and the links to my memberships are here in the video description guys so I mentioned in the beginning of the video that we have here something like a wof pattern guys but in that case here for novx it looks for me yeah I don't Focus too much on wov patterns but when you see this kind of pattern this lag down switch we had so you can see here this huge lag down and then they try to find the bottom here so there is something like a bottom here in the $6.80 range guys you you can see how the price accumulated here and that's also the reason why we gapped up over this price range here with the squeeze when the squeeze got initiated guys and it is possible that we trading here in the wov accumulation pattern so this is a very bullish pattern you can see we have the massive La down here then you try to find something like a bottom then the market makers create something here like an absolute Panic shake out called the Spring that was this point here guys as I said was almost the same bottom like in 2020 before the big $330 squeeze and then here you Gap up here and start to initiate a new uptrend with some squeezes guys and when this is active that would mean yeah we retest here these price levels that's why I say nothing changed here it doesn't matter if we on a wof pattern or not uh we should not go below $810 because this price level here was the resistance here when the market maker has accumulated their position so I don't want to see the price go below this screen liquidity zone so everything here if you want to risk a trade let's say like that yeah the liquidity Zone here between $810 and $7 here guys is something where the market makers maybe accumulate one more time before we see the next Gap up if we don't continue to squeeze let's talk about the bare case the bare case is guys yeah I think that there is no problem for Noak to come back here uh to 12 to $13 to $14 guys this is no problem and we also have this open Gap here at $15 and 89 so for all the swing Traders here when we see the actual price there is still some upside potential here of 22% and even 38% based on the open Gap so this price range here guys the the red line here or the red box in the chart is something which I expect noox to go what I don't want to see is that we close this Gap here at $15.89 and then start to see a correction so I want to see that the price is start to go higher especially higher than 70 $40 so we know that there is something like a resistance waiting you can see that this price level here is triggering something like the next let's call it squeezes yeah so here is some resistance by the market makers I would even draw it a little bit lower $16.85 and I draw that for you in red color guys is something like a strong resistance so we don't want that noax just close this Gap and get rejected here and starts to go lower this is what we don't want to see as I said the market makers you know they create IC they always get the lowest price so I would not be surprised if we come here down to $81 even $7 but below that guys that would be very very bearish I normally don't want to see that the wov accumulation pattern if this is active if this is here our pattern yeah where we start to see here this kind of leg UPS before we see this run here leg up coming down and then boom we want to see a higher price and then I want to see that novx breaks here through $24 81 and then of course we can talk here about much much higher price levels because that would trigger here a next squeeze even a short squeeze is possible for novax guys if you want you can of course pause the video and copy here my price levels from the chart this is everything based on trading with what I'm doing here all my videos guys and all my personal trades are B based on trading view if you don't have trading view I can just recommend that program I am not sponsored by trading view but I have a discount link here available in the video description if you click this link you save $15 and and I always recommend the premium subscription this is the most value for your money guys yeah also don't forget to check out my new hot stock videos I will unleash the video here on Sunday I wish you great success with all your trades guys thank you for watching and see you in the next videoas feeling next video take care guys byebye