BioNTech SE Sponsored ADR
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Biontech with a short-term target of 415$ ~ 350€

1 354
After the last ATH, Biontech corrected quite swiftly with up to -31% on the swing low.
Let's analyze where we are going most likely to trend next:

First look at the bigger scope:
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Lower time frame:
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Wave analysis:
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Targets:
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What will happen afterwards?
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注释
What will happen afterwards?
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注释
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I'm still bullish for the next week. Nothing big has changed today.
Moderna and Powell pulled us downwards today.
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In spite the influx of good news, the stock lost his momentum and moved sideways for weeks.
A dip is now more possible than ever:
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Looking at the Log-Chart, we broke even below the big trending Channel:
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We have 45 days until the new earnings report and a lot can happen in that time.
Bear in mind, that I'm still bullish for the Q3 date!

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