MRNA trade ideas
MRNA long trade with a PPH hedgeI like MRNA long here and I feel it has closed a significant gap to the downside. The move today was quite bullish in terms of a reversal setting up and the Fib analysis shows that a potential retest of 135 zone may occur soon enough. This is in addition to some of the positive news that have been flowing on MRNA vs PFE vaccine usage as some states preferring MRNA due to low requirements on cold storage etc.
Nevertheless, I am not a fan of news driven trades and so I would like to pair this with a put hedge on PPH (figure below; courtesy @the_chart_life on Twitter). It is an interesting pair trade though PPH may not give me enough bang for the buck in case the market does turn and drag everything down with it. We shall see..
Moderna testing 70$ Moderna has benefit a lot from COVID time and coming with Vaccine is huge win lining the way for more products with mRNA tech , breaking 70$ it may go back up with good news on test results that, so far no major side effect found i hope they make success , this will justify easy 130$
MRNA - Moderna nearing a turning point [Elliott Wave Analysis]Early signs of triangular or sideways correction coming to an end appear on MRNA as it shows intraday strength.
MRNA - Approaching 100EMA Daily , will it bounce ?MRNA - In daily approaching 100EMA & hourly formed falling wedge, watch for break out
130c for Feb 2021 looking good, but will enter only after break out of falling wedge
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 Moderna Hello receive a cordial greeting, and a thriving 2021 our wishes are that 2021 will be a fantastic year in all aspects for all people.
We believe that this action has a great bullish journey based on Technical and Fundamental Analysis
In the short term adjust your stops as it remains in a bearish structure, butv for the medium term has good bullish goals.
Greetings and best wishes for 2021 L.E.D
In Spain as of 12/31/2020
Moderna Elliot Count and Trading StrategyThis is how i think it should pan out based on the wait for Q1 earnings. good to wait for it to complete it correction and buy close to 200 MA.
MRNA on watchMRNA has an interesting setup here, and it should be one to watch in the coming days. Vaccine news made this stock extremely volatile and it is now back at its old trendline from November. This is going to be marked as neutral for now and will be revisited in the new year.
Moderna updateWeird spike up and down. Still bullish right now. Need to take out $113 in micro and get into the 116-117 off this low to say bottom is in. invalidates under 106
$MRNA Moderna Bullish Channel Trade
MRNA has been in a well defined channel for much of December
and during Tuesday session we managed to catch another bounce.
That bounce was also aided by a touch on the the Daily 50ma, which is very significant.
Today we look for continued move higher with the upper channel trendline in confluence
with Hourly Candle resistance as out targets.
Moderna MRNALooks like bottom could be in and move is decent so far. could see back around ~$110 for a c wave and then would expect to continue on. invalidates under $106
not financial advice
GAP filled! What's next? Just wait. Hi guys, long time! Everything looks good and every body knows and everything is green.
I enjoy giving signals rather than bombarding people to buy or pump up the stocks.
Moderna gap filled. Whew, finally can see this coming rather than parabolic.
Just got in today, STOP LOSS is 101.5.
MRNA - potential reversalNASDAQ:MRNA has been trading outside lower Bollinger Band, currently priced at $111.40. It has also declined from recent peak of $178.50 at almost 38% decline rate.
Stoch has been in oversold mode few last trading days, and it's just a matter of time before the cross up and we might be seeing a direction change. Expect confirmation at $120.26 and next target is $138.13.
Latest news:
- moderna vaccine for US troops in South Korea
- moderna vaccine for US troops in Japan
- South Korea gov will purchase from moderna enough for the use of 20mil people NASDAQ:MRNA
MRNA looking for support @ 109We could see a swing back to December Highs With pending FDA approval and a hot market we can see MRNA swing back to the upside. With almost double the average volume traded on December 27th and large institutional stakes in the company Moderna is set to explode in the next few weeks.
MODERNA approching Golden Fib at 108.67MODERNA approching Golden Fibonnaci at 108.67$, and the 0.5 logarithmic fib.
IF MRNA lose support at 108.67$, next targets will be around 95$ and 82$.
Have a great day! Merry Christmas
Moderna is Bull Flagging! Target 227$ Moderna is currently on a bull flag.
Last retracement is very positive. The breeder finally came and there is still some place to lower around 110$ where the bottom of the gap up is ! I would not be surprised is MRNA go there but usualy if the bull trend continue the daily MA 21 will offer support and this is currently what we are seeing. Daily MA 21 is at 125.78$. Price came back over the daily Vwap today.. this can push the price quicky around the fishing trap zone around 154.13, but 146.46$ should offer a good resistance. MRNA is in a great posture for a continuation right now...
Here are some key points to watch :
-Currently on a potential Bull Flag with a target over 200$
-Bullish divergence on the 4 hour chart on MACD, Momentum, CCI, OBV, STOCH and MFI.
-Support seem to be strong on the daily MA 21
-Price now over VWAP which is now support at 126.69
-Stoch RSI is crossing on the upside on the 4 hours
-Weekly MA 7 and MA 9 offer support at 127.72$ and 114.89$
-4 hours MA 21 offer support at 126.69
-RSI is turning on the upside
-Daily MACD is still in bullish territory
-Bottom of 4hr Donchian channel reached at 115$
-Bottom of 4hrs and 1day chart Bollinger Band reached
-Bottom of Donchian Channel is at 98.65$ (can the price go there) Maybe but!
-Median line of the weekly Bollinger Band is at 89.23$ (can the price go there) Maybe but!
Merry Christmas ! Much love!
