Remember the $NVAX parabolic run from $4.50 to $24 in the space of 1 month from the middle of May?....well it is coming down to reality now.
Wave A dropped to the 0.618 Fib, Wave B bounced to the 0.38 Fib, so I expect a lower low next below the 0.618 Fib next, the 200 Day MA is moving up here so may offer a confluence level on the 0.78 Fib at $8.10.