When in doubt..zoom out and zoom in . $MRNADecember is a rough month two years in a row for Moderna...Lets see how Jan goes.
MRNA trade ideas
INVERSE MRNA... Ridiculously bullish.MRNA targeting $125 and it could happen FAST. Massive insider selling the past month and evidence is building that Omicron will leave the infected with a robust immunity. The case for vaccines is eroding by the day and hard to argue that the current orders for MRNA are not priced in. Very dangerous to be long PFE and MRNA right now
Modumpanew variant of panic sellers have been spotted and they're going to be much worse than ever before, If you believe in this $90~ should be the buy zone.
strategy for MRNA Tuesday 12/28/2021MRNA: sell zone (251.00) (252.00)
strategy: in case of a breakdown of both zones, the bullish continuity price is 253.00. something important, the action closed today with an inside bar.
bearish entry: in case of the opening being bearish we should not chase the price, we will only go down when the stock has crossed the sell price 238.00., always waiting for confirmation, be careful with the next support 233.51
MRNA wants to bounce again, how high will it go this time? we have seen many big bounces off the extreme trendline support on mrna, I broke down the % return from the most previous bounces so we can get a realistic price target if we bounce again.
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$MRNA LONG TRADE IDEAOmnicron is on the rise and the travel season is going to further increase the number of cases in US. More and more people are running for booster shots as well. The stock was hammered last week and is close to oversold on longer timeframes. Thursday saw a nice reversal from 238 for a potential double bottom on 30 mins.
TRADE IDEA:
260C 12/31 on break of $253
TP: 258,270,280
SL: 245
Symmetrical TriangleThis pattern is neutral until a trendline is broken with a trend in that direction.
Touch number 5 did not make it to the top trendline, so some would call this a partial upswing as it stopped short of the top trendline.
A Triangle is a consolidation pattern and any of the 3 triangles, Descending, Ascending or Symmetrical can break to the upside or the downside.
Possibly post Parabolic Arc and has just about nailed the .618 fib level. On average, an Arc will fall between the .618 and the .786 of the prior high after measuring from the ARC bottom to the Arc top using a Fib table. But an Arc can fall less or more than these levels. Arcs do not usually shoot down like a rocket as they did on the way up. It is often a slow, yet volatile process to reach the landing pad.
Some levels of hard resistance noted overhead.
No recommendation.
To guesstimate 100% targets for a triangle, some would take the length of the wide, open end and project it upward and downward, as this could break either way. There are different ways to do this and we are all different. Price is at the bottom trendline of the triangle in this chart which is support.
$MRNA if it's not long...Then I think it's a big short. If this can't hold a positive move like that, I'm leaning more downside now. Small risk, $220 put for 12/31/21 at $0.96. See if we get capitulation now. If not, might grab a call spread.
MRNACurrently holding over .50 fib nicely. Based on news I like it to the upside target of 301 and 318. But remember, sell the news can likely play out on Tuesday during the news conference. If that happens, I will short all the way to $272 and $257. Be careful playing the upside on covid tickers.
Moderna breaks out from the downward price channel
Share prices are now out of the bearish channel and have breached a major resistance line at 2784.84 and the 200 MA line in M30. Share prices are now out at open waters and could navigate its way back up if it holds above 278.84. We have resistance around 298 and 310
Strong bullish feelings.Bottom might be made.
Omicron booster sales should be going through the roof.
Outlook of more versions and more booster shots.
$MRNA strangle...Next week $230 puts and $300/$320 call spread I'm taking a try at into tomorrow and Monday next week. Short week 12/23 but waiting for the next move.
$MRNA getting tighter...This does not have to move this week, but the more it consolidates, the more I think we could get a pop soon. Might have to watch my $300 call die, we'll see tomorrow, added a $260 put at $0.58 just in case as well...
$MRNA still in play...Nice consolidation day, still like this for a move before end of week. Holding a $300 call with a $240 put, waiting for a move.
$mrna idea $Mrna idea -10% risk 25% reward. Don’t trust market conditions manage your risk. Not financial advice.
$MRNA strangle-ish...Looking for the right opportunity here into the end of the week. MRNA paid big for me last week, sitting here this could rocket back to $300, or drop to new lows. Looking at $300/$330 call spread paired with a $240 put...all in about $3.00 so risky play, but a lot of time for a stock like this to make it's next move...
Any upmove should be shortedThis stock is done... I have already been on the short side from few weeks as posted before.
Moderna Analysis 11.12.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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$MRNA nailed it...Closed out the $260 puts this morning at $20 average, moved on for now. Will come back when I want to set up another strangle.
$MRNA weakening...If this can't reclaim $280, seems like we go down to the $240's soon, maybe $220's to find a new base. Still have a strangle that includes a $260 put into tomorrow...
