Follow up on $MRNALooking good so far.
More confluence with Harmonic Bat complete.
Appears to be early stage of wave 3 up.
There is a bear gap on the 1hr as noted. 3-4 targets are artists conception.
MRNA trade ideas
MRNA Moderna vs PFE Pfizer | Head and Shoulders patternIf you haven`t longed Moderna with me from here:
Then you should realize that the head an shoulders pattern on descending volume of a company that worth 53.402B, but has 747Mil negative earnings for 2020, may lead to $100 per share.
On the other hand, undervalued, it`s Pfizer , which has the same amazing results with the vaccine, lots of medicine in the portfolio, a market cap almost 4 times higher, 198.973B and positive earnings of 9.62Bil. The pay also great dividends, btw, 4.38% DIV YIELD on a decent 20.82 P/E ratio .
If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
MNDR - Downtrend channelModerna is clearly in a downtrend channel and I wouldn't be surprised if it hits $120. I have long positions opened at $139 so I will sell those tomorrow and buy back lower.
Elliot Wave - MRNABased off a very basic understanding of Elliot wave principals. I think we will see new highs on MRNA soon. Again very rudimentary undrstanding so lets see what happens. Expecting $200+ price target. I think $140s is a good buy target as long as it is above the fib support lines, since they seem to hold water here.
MRNA on resistance lineMRNA seems to be on a resistance ($156.65), if it passes it then the next resistance is $158. If it doesnt pass it then it will most likely enter low 140s again.
MRNA Upside PotentialModerna has been forming a hidden bullish divergence for the past 5 months (clearly seen on the daily chart, will also post a screenshot in the comments). On the macro-level, we can see a pennant forming with strongly confirmed resistance and support. On the micro-level, we have a clear cup and handle, and currently the price seats at the support of the handle, in 3h demand, and also at a strong key level 135-136, that MRNA always reacted to in the past.
If Moderna confirms the cup and handle by breaking the resistance, would love to add to my long position. However, if it can not hold 135-136, will look to exit and reenter at the macro support ~129.
*The idea above is my own opinion and does not serve as any kind of investment advice. Please do your own due diligence.*
MRNA - IN WAVE B CORRECTION PHASE - OVERALL BEARISHMRNA, is currently undergoing correction phase. To be specific, the prices are forming counterwaves ABC of smaller degree (red labelling of ABC) as part of higher degree of Wave B (black labelling) formation.
It is predicted the higher degree of Wave B will end at around USD163 before making bigger downtrend movement of Wave C. The target for Wave C is to hit minimal of around USD79 (61.8% FIBO correction), or to the worst of around USD49.6 (78.6% FIBO correction).
A stock of potential shorting opportunities on rebound.
Happy trading.
HERCULES portfolio: weekly course valuationHERCULES’ mid-term trend chart is presented.
Also the mid-term trend charts of the stocks that make up the portfolio are presented. ___
Comments on the chart:
---------------------------------
* Eventually the rising reaction (totally 21%) stopped at the strong resistance of the 50d SMA.
* This rising reaction was a very good chance to sell in the highest possible (this time period)
prices.
* Here I want to stress, for the new traders, that when a stock's price falls -10,00% needs
+11,11% rise to comeback. If it falls -20,00% needs +25,00%, -30,00% needs +42,86%,
-50,00% needs +100,00%, -80,00% needs +400,00% and -90,00% needs +900,00%. Do the
math in ECXEL right now to see how it goes!
* Most of the new traders discover the previous disappointing percentages only when
it's too late.
* You must stop the losses when they are relatively small and manageable. That is up to 20%.
From this point and further, the bigger the losses the more difficult to comeback.
For example, if you lose 50% of your capital, in a bear market it's practically impossible
to succeed 100% gains to go even.
* Now the portfolio's price is under the 9d SMA again and it's probable that a "head and
shoulders" pattern (with an atrophic right shoulder) will be formed and the fall will
continue stronger.
* In general, we still remain very cautious and closely monitor the market in the coming
days, because many index-heavy stocks are close to critical support levels that if they
break down, will cause panic and a sharp decline.
* This HERCULES' portfolio analysis and all the previous ones, apply to all the portfolios
with popular Nasdaq stocks and the new traders should follow these analyses, because
they are an application of the method described in my post "You can't beat the market",
until they don't need these analyses anymore because they'll do their own.
-------------------------------------------------------------------------------------------------------------------
* The right opinion is difficult
* Many words do not reveal a profound point of view
THALES OF MILETUS
(Greek philoshopher)
Thales (624-547 BC) is the oldest prosocratic philosopher,
the first of the seven sages of antiquity
-------------------------------------------------------------------------------------------------------------------
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
Moderna momentum swing trade to the highsMRNA setting up for a potential technical break to the highs. Fundamentals have positive momentum from upcoming Covid Vac trials in Children and Covid vac rollout globally. Best in class vaccine.
Why I took a long position in MRNANASDAQ:MRNA
The RSI, stochastic, stochastic/RSI, and MACD all indicated a buy last week with a near bounce of the EMA off the 50 day MA and with the price bouncing off of the support trendline. I see lots of room upwards before MRNA reaches its resistance trendline around $180-$200 in 2-4 weeks.
$MRNA _ Reversal Setting up in Moderna
MRNA is showing some signs of reversal after what has been a
routine drawdown for the stock.
-Volume declined
-100ma held as support
- RSI in reversal from oversold level.
-Stochastic bullish crossover.
Please drop a like or comment if you find out content helpful.
MRNA🌦It was in a massive correction since November. The health care sector is looking promising. I think its time for the big long on MRNA!
***This does not constitute financial advice***
HERCULES portfolio: weekly course valuationHERCULES’ mid-term trend chart is presented.
Also the mid-term trend charts of the stocks that make up the portfolio are presented. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
A copy of the text on the chart follows:
---------------------------------------------------
HERCULES portfolio: weekly course valuation
15.6% rebound
* In my previous week's portfolio valuation I mentioned that a rising reaction was probable and
that it should be considered as a chance to sell in higher prices. I noted also that this guideline
will change only if the prices cross upwards the 30d, 50d and the 200d SMAs.
* Notice that as soon as the RSI reached its oversold area we had a rising reaction of 15.6%.
However, the MACD (which is in negative area) has not yet crossed its signal upwards.
* If the portfolio price overcomes the resistance zone R and remain for 2-3 days over the 30d SMA
then we have to buy back the stocks that will follow this move (if their price is over the 200d SMA too).
* If the portfolio price fails to brake the strong resistance zone R then a sharp fall (even with a gap)
is probable.
* With the exception of ERIC, all the other stock prices of the initial portfolio (MRNA, INO, ZM, HFG
and CRSR) are below both the 30d and the 50d SMAs. INO's and ZM's price is below the 200d SMA too.
CRSR's price is below the 200(10h) SMA (the 200d SMA is not yet defined because it's a recent IPO).
* In general, we remain very cautious and closely monitor the market in the coming days, because
many index-heavy stocks are close to critical support levels that if they break down, will cause panic
and a sharp decline.
* This HERCULES' portfolio analysis and all the previous ones, apply to all the portfolios with popular
Nasdaq stocks and the new traders should follow these analyses, because they are an application
of the method described in my post "You can't beat the market", until they don't need these
analyses anymore because they'll do their own.
------------------------------------------------------------------------------------------------------------------------------
It's difficult to know yourself
It's easy to give advice to another
THALES OF MILETUS (Greek philoshopher)
HERCULES portfolio: weekly course valuationHERCULES’ mid-term trend chart is presented.
Also the mid-term trend charts of the stocks that make up the portfolio are presented. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
Moderna possible buy Moderna looking like respecting the major trend, still a little far away from 200 days EMA, if the major trend is respected we might see a rebound to the first green line. It all depends of how the markets will turned with all this crazy enviroment
MRNA Reversal ConfirmedBounce off of the 20EMA yesterday (took calls yesterday, alerted in discord), flew right through previous resistance at 136. Long over this level, Targeting 146 next week, 160 end of month. Original SL below the 128, now trailing at 20%. 20EMA has still yet to cross, should see a pop if this reversal holds on the daily. Channel reversal confirmed could make MRNA a great long term hold!
$mrna $nasdaqI was opened position and here at todays lows..!
you can see my short term PT..
138$
good luck!
Take a look MRNAWait for it, we are seeing strong pull back to 0.618 level, if pull back to 0.5 level there might be a chance to go long
RSI is signaling a good potential buy area, according to the historical comparison. let's see, let's see
Be aware this is not investment advice, for personal use only
