Moderna, Inc.Short
Moderna stock bounce
What is causation and correlation? We can see that this stock was heading down and perfectly hit the .618 fib. Then the stock needed an extra boost, so come Nov. 26th they "release" news about a new variant to help prop up the stock. When you can control the news, narrative and fear you move markets and money. The added suppression of negative vx news, this helps keep this stock moving up so that it continues to fill the rich pockets. Either way a bearish divergence is occuring so lets continue to follow the charts, news and see where money moves.
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