Novavax: strong signal, double bottom — but confirmation week fell short

Novavax is at week 6 of a buy signal, with signal strength at 74 out of 100 — high, wide-ranging, and volatile. The confirmation week closed bearish, triggering an early-exit warning from the system. The double bottom in the 8.5 area is the technical reference holding the structure together: three decisive rejections on the 50-day moving average point to a contested zone that has not yet resolved.