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MRNA trade ideas

Moderna Inc trading idea (10/01/2024)Analysts at the Oppenheimer brokerage company, as reported by Reuters , have upgraded the stock rating of Moderna Inc. to "outperforming the market," and the vaccine maker's CEO reiterated the company's goal of achieving sales growth by 2025. The issuer's shares fell nearly 45% in 2023, marking its worst annual performance due to weak COVID-19 vaccine sales. According to Oppenheimer, Moderna could have five products on the market by 2026. So, today, we will examine the Moderna Inc. (NASDAQ: MRNA) stock chart. On the D1 timeframe, there is a "break" in the downward trend, which has persisted since the end of 2022. Resistance has formed at 115.81, with support at 97.91. Currently, an upward trend is developing on the chart. On the H1 timeframe, if there is a rebound from the 100.98 level, the short-term target for a price increase can be set at 115.81, while in the medium term, it could hover around 139.77. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NASDAQ:MRNA
by RoboMarkets
Riding the Wave: The Bullish Case for MRNA’s Inverted Scallop In the dynamic world of stock trading, there are some patterns which emerge that tell a story of market sentiment, investor behavior, and potential future movements. One such narrative is unfolding with Moderna Inc. (MRNA), where an intriguing pattern has caught my eye as we've seen a price rebound since November 2nd, 2023, the inverted scallop. The inverted scallop is not a well known pattern, but renowned candle expert Thomas Bulkowski identifies it as an important one. You can see what Bulkowski says about this pattern here: thepatternsite.com The Inverted Scallop: A Sign of Reversal The inverted scallop pattern, resembling a reverse ‘J’, is a bullish reversal pattern that signals a potential shift in momentum. For MRNA, this pattern began to form after a long-term downtrend, with the stock plummeting from a high of $456.76 to a low of $71.23. However, the tide seems to be turning, with the price curving upwards in a recovery that mirrors the shape of an inverted scallop shell. Bulkowski shows an example of this pattern with the price action of Boeing in 2005. It bares a striking resemblance to what we are seeing with MRNA today. Confirming the Pattern with Technical Indicators While the scallop pattern itself is compelling, confirmation from other technical indicators is crucial for a robust bullish thesis: - Divergence: The presence of bullish divergence, where the price hits a lower low while an oscillator forms a higher low, suggests that the downtrend is losing steam. - Chaikin Money Flow (CMF): A positive CMF value during the formation of the scallop pattern indicates buying pressure and accumulation, reinforcing the bullish outlook. - Resistance Breakout: A key factor for the pattern’s confirmation is the breakout above significant resistance levels. For MRNA, breaking past the resistance zone between $86.02 and $87.11, as well as subsequent levels at $89.90 and $97.28, would validate the reversal. Market Psychology: Reading Between the Lines The long-term downtrend followed by the inverted scallop pattern reflects a shift in market psychology. Initially driven by fear, the potential reversal indicates a change towards optimism, as investors begin to recognize value and anticipate a positive future for MRNA. We see this in the fundamental analysis of MRNA with the news of their recent success in phase 2 studies on cancer vaccines. Conclusion: A New Chapter for MRNA? As MRNA’s price action paints a picture of recovery, the inverted scallop pattern offers hope for the continuation of a bullish reversal. Supported by technical indicators and a change in market sentiment, the narrative suggests that MRNA could be on the cusp of a new chapter.
NASDAQ:MRNALong
by jkish19871
2
Moderna's Road to Recovery Moderna has recently garnered attention for its significant rebound after a challenging 2023. The biotech company, primarily known for its groundbreaking COVID-19 vaccine, is poised for a transformative journey ahead, with a strategic pipeline that extends far beyond pandemic management. This Idea delves into the recent surge in Moderna's stock, the pivotal role of Oppenheimer's upgrade, and the promising prospects that lie ahead. The Resilience of Moderna Stock: Following a tumultuous year in 2023, marked by a 45% dip in stock value, Moderna is experiencing a remarkable resurgence. A recent 15% surge was triggered by Oppenheimer's optimistic upgrade to "outperform." The upgrade reflects the financial firm's confidence in Moderna's ability to diversify its product portfolio, projecting the introduction of five new products by 2026. This shift in sentiment underscores the market's recognition of Moderna's potential to pivot beyond its flagship COVID-19 vaccine. Diversification Beyond COVID-19: Moderna's dependency on COVID-19 vaccine sales took a toll in 2023, prompting the need for diversification. Oppenheimer analyst Hartaj Singh highlights Moderna's promising pipeline, suggesting the potential launch of several products over the next 12 to 18 months. Among these, an experimental vaccine targeting respiratory syncytial virus (RSV) for older adults stands out, with a potential FDA decision in April 2024. The company's experimental flu vaccine, displaying superior immune response in trials, could also secure approval in 2024 or 2025. Additionally, the prospect of an FDA approval for an experimental personalized cancer vaccine further enhances Moderna's growth potential. Financial Outlook and Market Response: Despite a projected dip in COVID-19 vaccine sales in 2024 due to factors like vaccine fatigue, Moderna's overall sales are expected to surge in 2025 and beyond. The company's third-quarter earnings report anticipates revenue to rebound to $4 billion in 2025 after a temporary decline to $4 billion in 2024. Moderna's commitment to launching up to 15 products in the next five years aligns with its goal to diversify revenue streams and minimize reliance on pandemic-related products. Technical Analysis and Investor Sentiment: A crucial aspect of Moderna's recent success lies in its positive technical analysis. Breaking the ceiling of the falling trend in the medium-long term signifies a slower rate of decline. While the stock has met the short-term objective at $86.84, the technical indicators suggest cautious optimism. With support at $70.00 and resistance at $118, the stock appears well-positioned for potential growth. Conclusion Moderna's stock journey reflects a company resilient in the face of challenges, capitalizing on opportunities beyond the pandemic. Oppenheimer's upgrade and the positive technical analysis signal a turning point for Moderna, with a diversified product portfolio offering a hedge against future uncertainties. As the pharmaceutical giant marches towards its goal of launching innovative products, investors are increasingly viewing Moderna as more than just a COVID-19 play, but a promising player in the broader healthcare landscape.
NASDAQ:MRNALong
by DEXWireNews
MODERNAModerna, Inc. is a pharmaceutical and biotechnology company based in Cambridge, Massachusetts. Founded in 2010, it focuses on the development of messenger RNA (mRNA) therapeutics, primarily vaccines. Moderna is a leader in the field of mRNA technology, which uses messenger RNA to instruct cells to produce specific proteins. This technology has revolutionized vaccine development and holds potential for treating various diseases. Beyond COVID-19, Moderna has a robust pipeline of mRNA vaccines and therapeutic candidates in development for various diseases, including influenza, HIV, respiratory syncytial virus, and cancer. In 2023, Moderna achieved several notable milestones, including: 1. Receiving full approval for Spikevax from the U.S. Food and Drug Administration (FDA). 2. Initiating the first-in-human dosing for mRNA-1653, a combination vaccine with the potential to protect against multiple respiratory viruses. 3. Agree with the Chinese government to develop mRNA drugs for exclusive use in China. Moderna plays a vital role in the future of medicine and we are looking at adding the stock to our portfolio. Year to date, the stock is down about 49% and 2024 is looking to be a stable year for Moderna as long as it does not break and trade below support. This will pull the stock price back to its 2019 level.
NASDAQ:MRNALong
by Candles254
2
Moderna’s Stock Boosted by Data From Trial of Melanoma TreatmentModerna Inc.’s stock soared 14% early Thursday to early Friday after the biotech company and partner Merck & Co. announced positive data from a trial of Moderna’s mRNA-4157 in combination with Merck’s blockbuster cancer drug Keytruda in patients with resected high-risk melanoma (stage III/IV). The companies said that after about three years, the combination reduced the risk of recurrence or death by 49% in a Phase 2 trial and the risk of distant metastasis or death by 62%, as compared with Keytruda alone. “As we continue to follow participants in the Keynote-942/mRNA-4157-P201 study, we are excited to see such a robust clinical benefit with mRNA-4157 (V940) as adjuvant treatment in combination with Keytruda in people with resected high-risk melanoma,” said Kyle Holen, senior vice president and head of development in therapeutics and oncology at Moderna. “These data add another positive analysis to the multiple endpoints and subgroups previously assessed in this study,” he said. Technical Analysis NASDAQ:MRNA reached its 1 Month High on the 14th December, 2023 siting the stocks responds to the Positive Data from the Trial of Melanoma Treatment. Moderna’s stock has fallen 50% to date in 2023, while the S&P 500 has gained 22.6%. Although NASDAQ:MRNA is trading near the bottom of its 52-week range and below its 200-day simple moving average, the stock is likewise showing signs of a continual trend which is poise to set foot on a new Resistance level.
NASDAQ:MRNALong
by DEXWireNews
2
MODERNAWhat's going on with Moderna? It's falling so hard Company Discussion I know that the Covid vaccine "growth" doesn't work either for Moderna or for Pfizer. Also, I read that their co-founder has sold more shares recently. However, they are working on many more new drugs. Were heading below until new variant of virus being spread by this company. what is your thought? not buying this scam of stocks. would you? or you woke enough to understand their just a money graber on the first place
NASDAQ:MRNA
by D1GITALTRADES
6
MRNA no brainer buyBack to MRNA. Big misunderstanding or lack of homework by the market. US market is only 1/3 if sales. Clients are governments worldwide that order guaranteed doses as insurances. Some contracts APA are for 10 years ( even SAAS are not priced on 10 years visibility ). Last but not least. The price for a 1 dosis ( now packaged in a 1 shot syringe) is not anymore 20 usd. But 120 ! Costs of sales this year is high because of production adjustment to the new packaging. But next year back to 70% + growth margin. The rest of the 50 products pipeline is FREE. This is the steal of the year for anyone willing to do the work.
NASDAQ:MRNALong
by model421
1
MRNA 9/23/2022MRNA Lol Remember Covid? Nancy Pelosi and her goons made so much money off MRNA. Outrageous the amounts of people that pinned this rushed garbage. Crazy to see the vaccine that “saved the world” tank so hard. This junk topped close to 500.00 and it’s been on a downtrend since. It currently finds itself at 122.50 with no signs of the downslide stopping. Currently in a downtrend and under both the 50 and 200 ema. Price has been ranging between 121.50 – 178.00. Typically, I would look to enter trade at resistance level, but given the state of the market and the number of times price has touched the support level, im looking to enter trade short. The support level has been touched multiple times now, its becoming weaker. With the amounts of seller pressure up top, price is looking to rip thru support. If price is to break thru support, it should not break above the 50ema. Will be setting my stoploss just above that. Entering trade short. Entry: 122.48 Stop loss: 152.83 Target: 61.50, +49.79%, 2.01 RR ratio
NASDAQ:MRNAShort
by rudcharts
6
Moderna Break of Major Support, Short PotentialThis is a Technical Analysis on Moderna (MRNA) on the 1 Week Timeframe. Current price action shows that we are currently in the process of breaking a MAJOR SUPPORT Zone. We held critical SUPPORT multiple times ABOVE the $115.00 level, for a span of about 26 months. Expressed by the GREEN circles. But notice we havent been able to successfully rally and stay above the "MAJOR RESISTANCE" line. Though the CURRENT candle has not yet closed, which it will end of trading session Monday, the 7th of August. This in my opinion is a critical development. If we CONFIRM below this $115 ish area, the lower range of about $82.00 of the ORANGE zone becomes more likely. The ORANGE zone, or price range between $115 and $82 has barely any market structure or in other words barely any candles. It would be easy for price to fall stright down, in my opinion. This can be an area to take a SHORT position. Another thing to notice since the BLOW of top, we have been forming a DESCENDING TRIANGLE. Its been forming since August 2021, this is NO JOKE. Measuring the target of the end point of descending triangle we get about a 75% drop target. Just remember it doesnt have to play out exactly but its something to consider and keep in the back of the mind. So just to mention: 1st Target = $82 ish area 2nd Target = $57- $47 range Last Target = Descending triangle measured target of $29 ( *Less likely for the time being) RSI has been: 1. printing Lower Highs 2. is currently below the Black Moving average, which i use as an indication of price moving down 3.Is currently in process of ALL TIME RSI LOW, provided we close this weeks candle at current RSI lvl. STOCH RSI -> Setting up for a BEARish cross. This if it occurs and we are below the MAJOR SUPPORT, bearish momentum can push price down. Lastly ADX & DI -> We have RED line cross above Green and pointing up. We need to observe this, this indicates also the BEARISH momentum is coming in. If the BLACK moving average curves up and starts moving towards the RED/GREEN line with RED being on top, this will indicate bearish momentum. CONCLUSION: We are at major cross roads for MRNA. If we don't have any buying occur during Mondays trading session, and we close below MAJOR SUPPORT, it may be time to SHORT MRNA. We have not had any luck trying to break and stay above the "MAJOR RESISTANCE" line. This, along with multiple touches on MAJOR SUPPORT, has made this WEAK (in my opinion). Short targets include the primary, secondary and descending triangle target levels. Indicators are also shaping up to support the current price action. At times like this, it is important to observe further clues of bearish activity, to be patient and take it one step at a time. Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. When trading always spend majority of your time on risk management strategy.
NASDAQ:MRNAShort
by SafofAllTrades