Heikin-ashi and NVAX

February 14, 2012

Novavax (NVAX)

Even heikin-ashi cannot remove all noise (lower  pane).

To achieve this, use a short moving average (upper pane).

There are bullish signs (doji-like reversal heikin-ashi candle) but they must be confirmed by

  1. SMA(3) above zero
  2. haClose above the short average

Heikin-ashi and NVAX  02/13/2012

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