MRNA Riding the trendNASDAQ:MRNA
MRNA has rocketed up in recent weeks
It is unclear when the share price exuberance will subside but the strategy here is to ride the trend as long as necessary.
On the chart you can see the positive and negative direction indicators represented as a blue histogram and pink line respectively
Potential long entry and exit points are shown by the yellow boxes.
For each price action, we see corresponding movement in indicators moving in opposite directions,
Not all moves are equal and many inevitably become traps but; as a general rule , the greater the angle, the stronger the trend