Moderna has recently broken out of the downtrend line of the past 6 months. It has also formed a cup and handle with a double bottom of support. MRNA closed Friday, Dec. 6th, 2024 above both its' 8 Day EMA and its' 21 Day EMA. RSI is rising and about to cross the centerline. I predict the stock will continue to work its' way back up to the $118 level over the next 6 months, where it will meet significant resistance due to overhead supply.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.