Evening Stock Analysis

$EVAX $CYN $ANNX Stock Market Recap 05/10/2022

$EVAX $CYN $ANNX all made moves on 05/10/2022. Here is an analysis of the stock price action.
Published: 05/10/2022 5:25 pm
Updated: 05/10/2022 5:25 pm
#evax #cyn #annx #stocks #stock review #stock price analysis #stock market #investing
May 2022 | Money Placement

Below is an analysis of the stock price action for Evaxion Biotech (EVAX), Cyngn (CYN), Annexon (ANNX). You can find a recap table at the end of the page. The content on this page is not financial advice, but is for educational purposes only and merely cites our own personal opinions. You can find the full disclaimer here.

Evaxion Biotech (EVAX)

EVAX had a wild day, first gapping up on news to making a huge retracement with a new low. There might be an opportunity for an up trend back to the 2.75 SMA but depends on if there is more selling on the open tomorrow.

Shares: 10-25milIndustry: BiotechnologyCatalyst: Positive Company NewsATR: 0.25 - 0.50Time Frame: 1 Minute
Resistance: 3Resistance: 2.75Support: 2
EVAX Daily Chart

Cyngn (CYN)

This is a technical play on continued momentum. The 5.10 and 4.8 are key levels to watch with 6 being the big breakout level.

Shares: 25-50milCatalyst: TechnicalATR: 0.50 - 1.00Time Frame: Daily
Breakout Level: 6Resistance: 5.1Support: 4.8Support: 4.45
CYN Daily Chart

Annexon (ANNX)

Shares: 25-50milIndustry: BiotechnologyCatalyst: Positive Company NewsATR: 0.25 - 0.50Time Frame: 1 Minute
Resistance: 3.48Support: 3.1Support: 2.75
ANNX Daily Chart

Recap

EVAXCYNANNX
Shares: 10-25milIndustry: BiotechnologyCatalyst: Positive Company NewsATR: 0.25 - 0.50Time Frame: 1 MinuteResistance: 3Resistance: 2.75Support: 2Shares: 25-50milCatalyst: TechnicalATR: 0.50 - 1.00Time Frame: DailyBreakout Level: 6Resistance: 5.1Support: 4.8Support: 4.45Shares: 25-50milIndustry: BiotechnologyCatalyst: Positive Company NewsATR: 0.25 - 0.50Time Frame: 1 MinuteResistance: 3.48Support: 3.1Support: 2.75