MRNA trade ideas
Bullish Breakout. Target: $100Greetings. MRNA gapped up this morning and broke outside the falling wedge pattern (bullish). An $80 mid-target will make the case for MRNA much stronger.
Happy Trading!
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Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.
MRNA has break the Downtrend TIME TO GO LONG!!!mRNA after been in a downtrend for about a month now has break the downtrend and is getting in an uptrend.
So get in the train, my friends!!!
Moderna - more downside before impulse up?Either an expanded or running flat on the current wave C. The most recent impulse up may suggest the smaller wave C is completed and move up is expected.
A $20 dollar range of wave C is not very tradeable and constitutes a very high tolerance that I personally won't be playing with a large position.
Worth a try to put some in now.
MRNA: Moment of truth.... Indicators suggest for a bullish push. But MRNA is not getting as much volume as before, atleast bullishly.
MODERNA buy signals on D1.Moderna, daily timeframe: Support line + Mirror Level + Side of Bollinger Bands + Hidden Divergence + Nice discount
ABC BullishPossible Stop under 65.2
ABC patterns are only valid when price closes above break out level in a confirmed uptrend
Hypothetical Targets 2: 127.6 to 144
Short interest is on the high side
I do not own this and it is not a recommendation
Moderna Hype Bubble Looks Very BearishFDA's emergency authorization of convalescent plasma doesn't bode well for the valuation of this stock. I'm going to go out on a limb here and say that this is one of, if not the biggest announcements a president has made in the last 50+ years. Our entire economy is shut down and the prospect of a viable vaccine are looking less and less likely. Last I checked the latest news coming out of the Covid 19 vaccine industry is that they may be, at best 60% effective, requiring multiple doses. Now let's not forget that these vaccines will most likely come with significant side effects that may be just as bad or worse than Covid itself. Don't believe me? Think I'm a qwack? Well do your own research and look into the fastest vaccine ever to market, which was for the mumps and it took about 4 years to create. I wouldn't want to be the first guinea pig taking this mystery sauce Fauci / Gates and the rest of the vaccine industry is pushing. Convalescent plasma was also used during the later stages of the 1918 Spanish flu with magnificent success. Great move by Trump.
Possible Positive Divergence for MRNA 1h chartHello everyone!!!
This time I brought another idea on MRNA, my feeling is still going LONG there is a possible positive divergence on MRNA 1h chart.
Also the stock has been respecting the trend line also we have a big support zone around 65 and 70 USD.
Please let me know you thoughts on this analysis and looking forward to hear from you guys!!!
Also if you want to read more about positive divergences.
www.investopedia.com
I really like divergences strategies because it's a really powerful reversal leading indicator.
www.ig.com
MRNA Buy now or neverI really like MRNA, the stock has been consolidating for some time now but if we take a look at the graph the next stop will be $100.00 where we have a big resistance that has been hit two times in the past.
Also I don't expect the stock to go any further down because there is a big support zone around $66.
Please let me know your thoughts on this analysis, looking forward to hear from you guys.
$MRNA Moderna At Critical Support Level
Stocks decline has been painful for bag holders recently and the current level is in the MUST HOLD category.
- Fibonacci GP is strong support
- There is also a volume shelf to help hold the decline
The loss of the 50ma is negative and the 100 ma is well below at $60.00
Not ready to jump in yet, wise to wait for indicators to signal a reversal or bottoming
