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Novavax: active buy signal but confirmation week closes lower

Buy signal on Novavax at week 2, signal strength 70 out of 100. The confirmation week closed lower: the active stop has been tightened to a dynamic level above the structural one. Our model calls for caution.

In Summary
Novavax is at week 2 of a buy signal, strength 70 out of 100. The confirmation week closed lower: the model has tightened the active stop to a dynamic level above the structural one and suggests exiting the position. The technical picture has solid foundations, but the warning is clear.
Open BUY ·2nd week from start ·US stocks ·T1
IQS Phase
59
ordinary
Signal Strength
70
high · convincing signal
Sizing
FULL
Ranking
#72 / 170
US stocks in progress
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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