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MRNA

NVAX - Novavax Biotech Short or not?NVAX as seen on the weekly chart has been in price distress for a long time. It has only one product on the market due to various issues with the FDA process. It has a variety of products in development as linked below. The question is whether it will run out of cash before a sustained revenue stream develops. FDA approvals for the pipeline products could take years ( the days of emergency approvals for COVID and related are over) It would seem that a rich uncle like Moderna ( MRNA) would codcme around with a take-over offer that could send shares into a moonshot to back when NVAX thrived before its 95% price decline in the past two years. This seems to be a great short swing play until more products come to market or a take-over is announced. This is affirmed by the MACD histogram being persistently negative for the long-term.
NASDAQ:NVAXShort
by AwesomeAvani
1
4/5 Watchlist + NotesInitial Notes - Personally did not trade today, Analysis was on point, rest of week should be exciting SPY - So it looks like scenario 3 that I mentioned on my list last night played out today. We saw both targets to the upside and downside get hit. Premarket we were about 15 cents off of the upside target before opening and pushing higher than yesterdays high. We then saw a sell off during the day to hit our downside target and also create a bearish engulfing, which was scenario 3 mentioned yesterday. I did not get to trade today due to being extremely busy with my personal life, but I was still very happy to see that my analysis was on point, making us 2/2 on the week for predictions. (FOR TOMORROW) Tomorrow I am looking for downside, plain and simple. With the bearish engulfing now created, overextension/exhaustion starting to kick in, and potential for us to create a failed 2U on the weekly chart all tells me that we have some decently bearish catalysts for tomorrow's session. I do not have a specific target for tomorrow to the downside, but if you look at the chart attached to this watchlist, you can see that we formed a broadening expansion on the daily. I am hoping to get close to, test, or surpass the bottom trend line. We must keep in mind that although these engulfing setups typically play out well (The last 7 on SPY's daily have resulted in correct movement in the engulfing candles direction or inside days following), it does not guarantee that we follow suit and see downside. We are still not confirmed reversing yet on longer time frames, but today could very well be the beginning, or sign that we are close to reversing. OVERALL: I want to see us head further down. My rough estimate/target to the downside is 406.43. IF we are lucky then we could see as low as 404. Watchlist + Bias MRK 2-1 Daily: Neutral CRM 2-1 Daily: Bearish MRNA 2-1 Daily: Neutral UNH 2-1 Daily: Slightly Bearish DOCU - 1-3 Daily and 2-1-1 Weekly: BEARISH SQ - 3-1 Weekly: Neutral Previous and Tomorrows Main Watch: DOCU + SHOP SHOP - Neutral on this one. It played out the way we wanted too, but did not hit the target we expected, and was choppy all day. Overall I count this as a win because it followed our criteria and played out as expected, but was hard to catch an entry on if anyone did/tried to, and did not move as much as I had hoped for. DOCU - We STILL have not broken out of the weekly inside setup. Today ended the same as SPY. Bearish Engulfing, with SPY looking like it could reverse any day now, I have to be bearish on DOCU as well. As far as winner/loser status goes for today, I respectfully think this one was an L. It opened under long entry and pushed up slightly above that entry during the first 10 mins of market open before being shot down along with SPY. I personally did not take this trade, but I can see why it may have been a losing trade. For tomorrow, I think a test of the weekly short entry is inevitable, and I will be watching closely to get in some 1-2 week out puts, as well as some close expiry contracts for a day trade. Weekly short trigger is at 56.01. Targets set at 55.24 and 54.86 Watchlist Stats: 2/2 SPY Predictions 2/3 Main Watch Plays Top Winner: SQ 23%+ Personal Stats: 0/1 on the week Overall Red - Did not trade today so stats remain the same. Lets make some money tomorrow! Good Luck all!
AMEX:SPYShort
by Alanger17
3/30 Watchlist + Notes SPY - Interesting day on SPY. We said yesterday that the markets could realistically go either way, but we were watching more so to the downside due to the failed 2U formed on Monday that was followed by a 2D yesterday, and having that small bearish bias by simply playing what is in front of us vs using other reasons for bias. SPY ended up gapping up premarket and closing green on the day with little to no upside wick. Based on today's movement, I believe that we will see some continuation to the upside tomorrow. With that being said, we still have the gap created in premarket to fill. I think that we will test last weeks high at 402.49 either tomorrow or Friday, but I do think that it will happen at some point sooner rather than later. I am open to playing both sides tomorrow, but it will depend on whether we break today's high and test last weeks high, or if we break today's low and try to fill that gap to the downside. It is worth noting also that we are sitting on the weekly upper trendline Final thoughts: I am forced to have a bullish bias for tomorrow, which I believe to be about 75% valid. I still think there is a chance we fill that downside gap before pushing higher Watchlist + Bias: AMD - 2-1 Daily: Neutral COST - 2-1 Daily: Neutral PFE - 2-1 Daily: Slightly Bullish GOOG - 2-1 Daily: Neutral NFLX - 2-1 Daily: Bullish JNJ - 2-1 Daily: Slightly Bullish FDX - 3-1-2U Weekly: Bullish - Today we broke out of the 3-1 weekly setup to the upside. Looking to target 226.06 Main Watch: JNJ and GOOG JNJ - Weekly chart is indicating we have hit a low and are looking to reverse to the upside soon. Going into tomorrow, I am hoping to see us continue up to the 154.13 level before hopefully taking out 154.54 GOOG - GOOG has room to both sides. There is a large FVG on both sides as well that relate to my targets for each side. To the downside, we have a daily FVG at yesterdays low of 100.28. To the upside we have a FVG starting at yesterdays high of 103.00, and I also have a target at the 50% retrace of that upside FVG at 103.87. Both of these targets are easily attainable in my opinion for tomorrow depending on which side we break out to. I don't have a bias as to which side id rather play, but I think that it will more so depend on how the markets are moving as a whole tomorrow. Remember, with these 2-1 setups, we are looking to play WITH momentum and not fight it. Yesterday's Main Watch: MRNA: (Status:) Loser (Personally Trade?) No MRNA broke yesterdays high within the first 5 minutes of market open, which is not what we were looking for. We were looking to play downside only, and because of this movement, we did not enter. It is worth noting that both times MRNA broke yesterdays high, it was almost immediately shot back down, which shows that we would have gotten smoked if we tried playing upside. This is a good example of why we look at longer time frames like the weekly and monthly to develop a bias, and then stick to that bias. Watchlist Stats For The Week: 2/3 on SPY predictions 2/3 on Main Watch Plays Top Winner: NVDA (75%+) Personal Stats: 4/6 For The Week: Overall Green/Red?: Green (Day and Week)
AMEX:SPY
by Alanger17
3/29 Watchlist + NotesSPY - I had no real bias going into today's session other than mentioning last night that downside was more likely to come today because of the failed 2U daily created on monday. We closed slightly red after seeing a decent drop to the high 393 area, forming a weak bearish 2D. Going into wednesday (3/29), I am hoping to see some downward continuation to the 392/390 levels tomorrow to test that range. Key word is hoping. I remain neutral with my personal bias as we have no real clear direction this week still. Given that we closed very weak to the downside leads me to believe we can ultimately go either way tomorrow, but once again, playing what is in front of us I have to be looking more so to the downside. Watchlist + Bias: DIS - 2-1 Daily: Slightly Bullish MRNA - 2-1 Daily: Bearish. PEP - 2-1 Daily: Bearish FDX - 3-1- Weekly: Neutral Main Watch: MRNA - Back in our main spotlight for the 2nd time this week is MRNA. There is a 2-1 daily setup that is within a bearish week with a lot of room to the downside due to a huge FVG on the daily. Looking to target Monday's low of 145.36 and the 50% retrace point of the original FVG at 144.72. Will only play downside and not upside if markets pump tomorrow Also heavily watching FDX still as the 3-1 weekly has not broken out yet. Hourly chart stuck in a flat channel currently just consolidating. Yesterdays Main Watch: NVDA - (Status:) Winner (Personally Enter?) No I mentioned we had downside targets and that I wanted to play with markets momentum. I missed entry due to being in class and not being able to trade, but I saw how it played out. Broke short entry level in the first few minutes of market open and dumped past our 260 target to the mid 258 level. Cons ran a little over 75% from entry and realistically I would have caught the full move due to the dump being so consistent and strong before reversing. Watchlist Stats For The Week: 2/2 On Spy Predictions 2/2 On Main Watch Plays Top Winner: NVDA (75%+) Personal Stats: 3/5 for the week. Overall Green/Red? Green
NASDAQ:MRNA
by Alanger17
3/22 Watchlist + NotesSPY - Once again we were bullish going into today and ended up getting that upside movement we wanted. Tomorrow is FOMC so no real prediction for tomorrows movement other than some chop leading up to the news. As far as the news goes, I am leaning more on the bullish side but quite honestly that is purely a guess. Trading light tomorrow if I take anything, and not trading after news comes out. Watchlist: MRNA - 3-1: Bullish BIDU - 2-1: Neutral Main Watch: MRNA - Nothing special about this setup other than it being a 3-1 daily setup and seeing that it has more room to the upside to test a daily FVG around 157.70 Top winner from yesterdays watchlist: GOOG - 2-1 daily broke to the upside and had a gorgeous uptrend day. Calls ran just under 240% from where the long entry (yesterdays high) was
NASDAQ:MRNA
by Alanger17
$MRNA What Up$MRNA started playing this since it was in the low $20s and then got rid of it at the start of this year. And IMO this is headed under $100. It will get a kick start when the next Pandemic happens and WHO rules lockdowns across the world. Regardless of the hype, I don't see any reason to take a position in this ticker. The only outcome is, EXIT for me :) Although it does have a promising technology but it will not be able to generate the kind of revenue it did with the Pandemic vax
NASDAQ:MRNAShort
by VIN786
MRNA Overbought Condition with Daily Bearish Wolfe wave SetupThere is a daily wolfe wave setup that triggered on December 15. Today at the open, MRNA opened inside day and traded +4% within 30 mins of the trading day. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line; however, the linear lines do not converge. The projected target is approx 167 which is represented as the red perforated line. The target price coincides with the 50 day ma as shown in the chart. Using the customizable gap finder indicator there is a larget gap left open from the Dec 12 kicker. It is likely to fill the gap within 2 weeks time.
NASDAQ:MRNAShort
by TOSOPTION
MRNA being a good market sell?Moderna - 30d expiry - We look to Sell at 186.88 (stop at 198.38) Price action continued to range between key support & resistance (120 - 190) and we expect this to continue. Daily signals are mildly bearish. Posted a Double Top formation. An Evening Doji Star formation has been posted at the high. We look for a temporary move higher. Offers ample risk/reward to sell at the market. Our profit targets will be 158.11 and 150.11 Resistance: 190.00 / 197.44 / 210.00 Support: 180.00 / 170.00 / 160.00 Daily chart Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:MRNAShort
by Saxo
1
MRNA & BNTX are free callsDoji (W) on both stocks Fundamentals are terrific: Forward cash and equivalents make those stocks nearly free ( pipeline, production capacity, distribution networks priced at 0) : - most contracts for 22 are already signed and/or partly cashed in (US still negotiating for MRNA), - contracts signing for 23 has started as well as governments have to be ready ( access to the doses) in case of new Covid waves - MRNA is developing a new concept (2 MOU signed) that i d call PAAS for biotech ( government would be entering into a 10 years agreement in exchange for benefiting of their own capacity and modularity of vaccines development and production). The point being like for SAAS and PAAS in IT pricing model would be recurring. So fantastic defensive stocks in the current environment ( favoring cash, dividend and real assets ) and then we might get lucky as well !
NASDAQ:MRNALong
by model421
Moderna, Inc. Flashes Bearish SignalsWe have a lower high, compare this past 16-November to 4-August. We also have a clear bearish pattern in the form of a rising wedge. Going by the candlesticks, we can spot some bearish signals there as well. 16-Nov. Doji is a bearish candle. 18-Nov. another bearish candle, confirmation of the previous one. Today we gapped lower which gives strength to the bears. A correction can easily form here. CHANGE MRNA needs to break and close above 188.65 for the bullish momentum to resume. Trading below 185 spells doom. Support levels/targets are marked in light blue. Namaste.
NASDAQ:MRNAShort
by AlanSantana
1
MODERNA has most likely bottomedModerna Inc (MRNA), a much discussed stock over the previous years, is having a +8% day, a very encouraging since following the rejection on the 1D MA50 (blue trend-line) three days ago. What's more interesting is that we have seen almost the same pattern in the stock's all time lows in 2019. As you see, the price since September has been on Lower Lows while the 1D RSI has been on Higher Lows, indicating a Bullish Divergence that is often seen on market bottoms before the price reverses. The very same Bullish Divergence was spotted from June 25 2019 until August 07 2019. It was also a remarkable 1D candle of +20% back then that signaled the sentiment shift. The price confirmed those bias when it broke above the 1D MA50. The break of the 1D MA200 (orange trend-line) a few days later opened the way for an incredible two year rise that was of course dominated by the COVID fundamentals mostly. It is worth noting that at the moment the 1D MA200 is too close to the 1D MA50 as opposed to 2019, so best to have our mark on the 1W MA100 (green trend-line) which has rejected both of 2022 uptrends in March 21 and August 04. It is exactly now where the 200.00 Resistance is (formed by the August 04 High). Also notice that the 1W MA200 (red trend-line) has made its appearance in October for the first time in history and provided the necessary Support for the early October push. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:MRNALong
by TradingShot
MRNA harmonic 886 retracement. Interesting i article I found on the web on retracements. Different pattern but the idea is the same context. "short XA retracement particular, I realized that the B point within a Gartley-type structure that was less than a 0.618 would almost always exceed the expected 0.786 retracement of the XA leg at the projected completion point. I showed Jim this new pattern — called “the Bat” — which used what I was calling a “deep 0.786 retracement.” I told him that executing at the 0.786 without regard to the structure was a critical mistake. Besides, the 0.886 retracement, when used in the correct pattern structures, reduced the amount of risk in previously “undifferentiated” Gartley set-ups by 10 percent." old.harmonictrader.com I hope you enjoy the TA.
NASDAQ:MRNALong
by ryanmwing90878