Halftime Update: MRNA - Moderna AnalysisMRNA is currently retesting a pivotal level of resistance that we believe could provide a greater push back to those higher $58.55 Price Levels as long as it can keep this momentum that it has, seeing a very large volume spike in this morning. If not, we would expect some consolidation back to $45.42 levels before pushing higher.
Stock jumped this morning after reporting a potential vaccine to combat the recent H5N1 Bird Flu. This comes after the first human death due to the Bird Flu in Louisiana, although the patient did have pre-existing medical conditions that contributed to the death, not to stir any feathers.
Don't really have a price projection or entry specifically for this as we're watching. This could pull back to those EMAs before gaining True Momentum Northward.
Connect with us by visiting the website below in our signature to get even more at @MyMIWallet
#MyMIWallet
Mrnabuy
Moderna (MRNA): mRNA Leader Trading at a 90% Discount1️⃣ mRNA Technology Leadership: Moderna is revolutionizing vaccine development with its cutting-edge mRNA platform, positioning itself as a leader in the future of healthcare innovation.
2️⃣ Analyst Targets: With 28 ratings averaging $71.40 and highs of $85, Moderna offers over 60% upside from current levels.
3️⃣ Expanding Pipeline: Moderna’s broadening pipeline includes a variety of treatments, giving it multiple high-growth opportunities in the healthcare sector.
4️⃣ Technical Momentum: Moderna is holding key support at $43.85, with bullish signals of upward movement. The stock is primed for a breakout, supported by increasing volume and positive market sentiment.
📈 Trade Setup:
🎯 Take Profit 1: $50 (+14% potential gain)
🎯 Take Profit 2: $60 (+37% potential gain)
🏆 Take Profit 3: $70 (+59% potential gain)
📉 Stop Loss: $35 ⚠️ (For those with a conservative risk profile, but not necessary for long-term holders like myself)
MRNA is going to dump now / where to buyMRNA is not looking too good.
What we can see is a weekly bearish engulfing candle after clear rejection from the upsloping resistance line. Rejection was nasty therefore we're seeing instant follow through.
You can short it now with a final target at the support which is the entry for longs too.
At the support, flip bullish and take a long position. The target is at the key resistance shown on the chart.
If you short now, pleace a stop loss at 219 - 220 $
Good luck
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.
8/3/22 MRNAModerna, Inc. ( NASDAQ:MRNA )
Sector: Health Technology (Biotechnology)
Market Capitalization: $74.178B
Current Price: $186.49
Breakout Price: $189.50
Buy Zone (Top/Bottom Range): $180.95-$147.05
Price Target: $204.50-$208.80 (1st), $258.80-$263.70 (2nd)
Estimated Duration to Target: 34-37d, 91-96d
Contract of Interest: $MRNA 9/16/22 190c, $MRNA 10/21/22 200c
Trade price as of publish date: $13.96/contract, $15.55/contract
MRNA LONGModerna, Inc. engages in the development of transformative medicines based on messenger ribonucleic acid (mRNA). And recently we have seen it fall back to a very cheap price than it was back in 2 August 2021, In its current position we look to buy shares on MRNA as it is currently in a demand level.
Moderna (MRNA) - BUY strategyThe decline was sharp with a gap all due to disappointments.
However, the decline was overdone, and way into the low bottom of the BB. Further, RSI quite low, and I feel we should fill the gap between $ 270-290 before we will see lower levels in the near-term.
Buy $ 220-230 for profit level of $ 278.00.
Stop-loss I think maybe 175.00.
MRNA OVERSOLD Entry on WOLFE WAVE 39min time-frameVery good risk and reward. MRNA dropped more than 40% last week and extended from the 6 day moving average which is at 316. There is a wolfe wave setup on the 39 min time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 354 which is expected to reach this price target within approx 39 hours (195 min x 12). However, in between 354 is the 6 day ma at 316. So most likely a mean reversion target is more likely to hit and anything above 316 should be bonus profits.
MRNA Moderna analysts price targets On 7/15/2021 Jefferies Financial Group brokerage Boosted the Price Target from Positive to Hold from $170.00 to $250.00
On 5/7/2021 Morgan Stanley brokerage Lowered the Price Target to Equal Weight from $201.00 to $190.00
On 5/7/2021 The Goldman Sachs Group brokerage Boosted the Price Target to Buy from $206.00 to $228.00
My price target for MRNA is the Fib 0.382 level: 365usd
I am looking forward to read your price target.
MRNA, U Shape recoveryNASDAQ:MRNA technically setup for U-shape recovery and it has some positive news related to variants of the coronavirus in laboratory tests. The first resistance could be 169.
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational purposes only. All advice is based on technical and my own opinion.
Moderna (MRNA) Bounce ComingApproaching 200 MA
Gap filled
Oversold
Revenue will sky rocket with all of the vaccine orders
MACD is improving
Yes its pharma, yes it looks like a dumpster fire and we cant trust them BUT I can't help it. I see a bounce form $95-105 range to $135-155 range if not back to ATH after all the vaccine orders materialize in actual revenues. We might still dip more but keep a close eye on it. We dont even have to worry about technicals, Fauci and the boys will pump this up.
$MRNA Trade Idea for Santa Rally 12/21/20Bouncing off the 20 EMA and closing inside of previous bullish candle. If price breaks below 135 (purple box) = downside risk. Price action would drop.
However, I'll be watching to see how price reacts to vaccine rollout news pre market. Could form a "W" reversal pattern.
MRNA Moderna vaccine 94.5% effective in Phase 3 trial!This was my previews post about Moderna:
The indicators are still bullish. The price of the stock grew 5X since the beginning of the year.
11/16/2020 Oppenheimer Boost Price Target ➝ $157.00
11/16/2020 Piper Sandler Boost Price Target ➝ $166.00
The traditional method of creating vaccines – introducing a weakened or dead virus, or a piece of one, to stimulate the body's immune system – takes over a decade on average, according to a 2013 study. One pandemic flu vaccine took over eight years while a hepatitis B vaccine was nearly 18 years in the making.
Moderna's vaccine went from gene sequencing to the first human injection in 63 days.
Moderna and BioNTech, for example, are also applying mRNA technology to experimental cancer medicines.
BioNTech's vaccine, for example, must be transported at minus 70 degrees Celsius, though Moderna said on Monday it can ship its candidate in normal refrigerators. (Reuters)
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.