MRNA trade ideas
jump nowi dont like this stock, because $MRK pill will change everything but, this is maybe a good time to buy,
MRNA11.9.21 MRNA Late to a long entry, but should move higher..............................................
195 cominglet it test up and go up a little be ready to go short (shares or buy puts) if puts give yourself time and n check the IV + cheap-ies i dont buy premium above 3.0 ever (intra or swing) for swing options downside risk for overnighter is 99% and losing 300 per contract a good stop
strategy for MRNA Tuesday 11/09/2021MRNA: buy price (246.00)
MRNA: sell price (243.00)
strategy: inside bar at mrna daily shart. In case of opening upwards, we must wait for the break of the mv 200 on the daily chart, if so, the price would possibly be touching the zone of mv 200 in 15mn, as always wait for confirmation.
our bearish entry: it would be below the sell price, hopefully it can also break the support at 236.72. in that case we would have a bearish gap and go with the possibility of touching the 210.85 support
MRNA, Aaron Rodgers, The Packers, Vaccination, and TA Oh My!In this video:
We discuss current Moderna sentiment
Aaron Rodgers being un-vaccinated
The use of additional tools to measure market sentiment
Google Trends as a Lagging Inverse Correlation Indicator
Go Pack Go!
Link to Pat McAfee Show:
youtu.be
MRNA OVERSOLD Entry on WOLFE WAVE 39min time-frameVery good risk and reward. MRNA dropped more than 40% last week and extended from the 6 day moving average which is at 316. There is a wolfe wave setup on the 39 min time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 354 which is expected to reach this price target within approx 39 hours (195 min x 12). However, in between 354 is the 6 day ma at 316. So most likely a mean reversion target is more likely to hit and anything above 316 should be bonus profits.
MRNA 250 coming and prepare for the worstIf you are long at 300 better get double down here for any decent shot to minimize the risk to cut the position little bit during the bounce to 255.
180-185 is where if gets there is a good place to add
MRNA oversold now Expect relief rally to 255MRNA came down crashing from all time highs now struggling to maintain 200 mark. Expect an oversold rally back to 255 if market doesnt break.
Eventually it might test 185 level if 212 is lost.
To the Moon or to the Ground ???In July-August 2021, one of the Wall Street Bets top rank plays was MRNA.
Moderna did a great job in vaccine development, but that bullish move of +130% in 23 trading days was pure market manipulation!
If you think that kind of move will happen again or not, the answer is: It depends on WSB..!
I think a long Bearish-consolidation phase is ahead for Modern..!
and it could go below 200..!
Please check my previous Articles:
Best,
Moshkelgosha
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MDRNA Swing LONGstocks the Larry Williams / SM Way
THere is a huge divergence on Moderna and NASDAQ index
which it is a part off.. Meaning Moderna is a lagger and will have to catch up
So you can get it at a huge discount
Swinging a position here and at $250
Fair Value is $400.. Final Target $500
MRNA ShortDouble top + retest neckline
Possible bearish flag
11/04 earning
Short Entry 344
Stop 368
Target1 285
Target2 195
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Almost thereIn my last post i mentioned about some areas for a buy and sell. Well it never went above the buy price and we see the correction today. IMO no trade on this right now.
MRNA break down MRNA $294 big support here missed EPS! if 294 breaks there is no support until 248.00
strategy for MRNA Thursday 11/04/2021MRNA. strategy: strong supply zone 356.77 and 353.00. From the opening being bullish we will have a gap and go remember that the closing candle on the daily chart is red. Do not anticipate, we must wait for this supply zone to break, then wait for confirmation since the opening could be in a high-selling zone. pending to mv 50 daily graph
MRNA: we must confirm our bearish entry below both charts 5mn 15mn and below the demand zone 341.84.00 and 338.37, if so, we would be taking profits in the next demand zone 327.40 and 323.56
lets see if MRNA holds this zone.I think if we just hold this level that we will consolidate a little more then pop back up
FLAGLooks like a BEAR flag, but any flag can break up or down just like a any triangle can. This is a consolidation pattern, like a price congestion knot of sorts.
A flag needs a pole which is a fairly strong move in one direction, an up move for a bull flag by definition, and a down move for a bear flag . A bull flag usually slopes down, against the prevailing trend and often it is a pull back. A bear flag often tilts up which goes against the current trend and the pole which is down. A flag should be relatively short in duration, less than 3 weeks. A flag should not go on and on as it will become too heavy for the pole to support it. Taking a look at the pole in relation to the flag can help. A pennant is similar to a flag but is known to be more wedge shaped, they tend to narrow at the apex.
Price is below the 50 SMA . The 200 is still sloping up which suggests price is okay for now long term. The 20 just crossed down and through the 50 which is a bearish crossover.
Former parabolic arc so volatility should be expected.
No recommendation.
When buying pull backs, bear flags can hibernate and suddenly appear and mess up your pull back trade if you are not aware. They appear after sharp moves to the downside, but like a bull flag , can break either way.
Targets can be calculated up or down by moving the pole to the support line of the flag depending on the direction you think it will go. Today, this flag is trying to break to the downside, but the only thing that never changes, is change. News affects biotech more than other industries sometimes, which can make them difficult to trade at times.
MRNANASDAQ:MRNA Harmonic Shark Positive it has almost reached T1 !! PLEASE watch out Earnings is coming
Gap Fill MRNAMRNA double tap off of 338 support. Look for MRNA to break flag pattern and fill the gap.
Trade idea This is what i am thinking about MRNA now- Buy only above $357 or short if its below $315
Moderna Announces Positive Top Line Data from Phase 2/3 Study ofMRNA: Moderna, Inc.
2021-10-25 08:30:00
Moderna Announces Positive Top Line Data from Phase 2/3 Study of COVID-19 Vaccine in Children 6 to 11 Years of Age
QuickTrade : MRNABearish test of the daily EMA, for me.
But as the consolidation area is not so extended, we can use these levels :
Short position with stop at 358
Long position with stop at 313
