BioNTech Increases Revenue By More Than 12,500% Thanks To The Coronavirus

However, after the 15% increase in share price yesterday, the RSI indicator is located in the overbought zone, close to 85 points and the distance between the price of BioNTech shares and the exponential moving averages is very high. These signals could indicate an imminent correction.

In the coming days, there could be a significant level of volatility present in BioNTech's share price; after presenting very solid fundamentals that indicate an undervalued value and a technical analysis that indicates an imminent correction.

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