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 trendby et20tradeviewUpdated 0
MRNA tells you the real story of the last year!Look at that parabolic move on the Weekly chart of Moderna. This one chart tells you whats really been going on this last 18 months. Remember when earlier this year we had EU & US politicians trying to undermine the AZN UK/Swe vaccine? Why? Because it was sold at cost as opposed to Moderna and Pfizers vaccines which sold for profit. Those politicians need those campaign dollars for re-election! Last week we had both Moderna and Pfizer raise the prices of the Covid 19 Vaccine Shots. The next day or so we heard Western Governments talking about how we'd all need to be taking 6 monthly booster shots of the vaccine. Any coincidence there perchance? Well you can see what impact all that has had on the MRNA share price. A 5-8 fold increase in the last 12-18 months. Nice work if you bought in early.by FXTraderPaul111
ModernaApproved by UK one of the 3 in their portfolio Moderna Pfizer AstraZeneca the one where a person trialing the drug had a reaction to it - Oxford UniversityLongby NZ_SharemanUpdated 112
Sunday Prep 8/08 - $MRNA SHORTI’m keeping this one on the list this week but it’s not something I’m in love with as much as I was the last time I had it on this list. The best case scenario for me is that this thing speeds up and actually gets one more push higher to give it a bit more of an extreme look. The other option is for it to make an attempt to take new highs and fail, in essence giving us a lower high and then I may look to anticipate the crack back under 400 with risk over the highs. But in order for me to want to anticipate this I’m going to have to see some real signs of weakness first. Keep in mind, any time you anticipate something the win rate is going to be much lower but in reality it’s worth it sometimes due to the skewed risk reward. If it actually gives us the lower high and confirms it by going back under 393.61, the target is well below down at the 20d. but make sure you understand it as time passes and it takes a while to move down there with 20d will creep higher. Shortby TrueTraderOfficial3310
strategy for MRNA monday 08/09/2021(MRNA buy price 395.00) (MRNA sell price 393.00) STRATEGY: if at the opening mrna opens lower it will not touch the sell price, we wait for confirmation to enter to buy. but if the sell price falls below we will go down. in the following case: if the opening is above the closing price we buy up to the double top 443.00by RobertoTraderWithoutStress1
We are not done yetWe met our targets of 420 last week. While it looked like that we should be done with the uptrend there, that doesn't look right anymore. We might have a small correction here but there is still a lot more upside on this ticker. Any dips in lower 300's can be bought. Factors considering new Wave of Virus, booster shots, more countries to buy Vaccines will continue to push this higher. Longby rbswingtrader228
strategy for MRNA friday 08/06/2021(MRNA buy price 444.00) (MRNA sell price 436.00) NOTE: very overbought in case of not touching the buy price We await confirmation to enter to sell below 436.00 once you have penetrated the moving average 200 5mn shart. If on the rise it touches the buy price, we wait for confirmation to buyby RobertoTraderWithoutStress444
What goes up, must come downMonthly chart is completely detached from the UBB and has gone completely parabolic. Weekly chart we can see that the stock has run over 332% this year and over 100% just in the last month. Weekly chart RSI has never been higher in the stocks existence Going to the daily, we closed with a large upper wick forming a reversal candle along with bearish divergence. We also have a daily gap below from about a month ago that is still not filled and formed at the start of this parabolic move Shortby Natestradamus11115
Be SafeWOW! and opening higher tomorrow. This is a weekly chart. Probable parabolic arc but this can go on for quite some time. It can be a long term pattern. There is money to be made off of this pattern if you entered at the right level. There is also money to be lost but this is true of any security. ARCS are easier to see on a weekly chart as the slope in the arc that looks like a ) Folks are extremely bullish in a parabolic arc pattern. The pattern can be very difficult to trade due to the extreme bullishness with an unsustainable rise. I mean some folks would be afraid of getting in way up here. Others would not. Price is way above the 50 SMA . Often price is drawn to the 50 moving average. I can not really do accurate fib levels as this may not be finished yet. Most parabolic arcs fall to the 0.5 to the .786 fib level when the party is over. The average is between the .618 and .786 although I have seen only fall to the .382, for the time being. I have also seen some fall 100% or more. And the party always ends. A break of the inverted C curve or the half moon looking shape, can break the pattern. Retests of former highs are common. Overbought on daily, weekly and monthly RSI set on 80. I like to look at all 3 although being overbought on daily catches my attention with RSI on 80 verses 70. Negative volume is high and short interest is not super high. It does not mean that a security is not fantastic when it falls back to earth. It just can mean we are not all astronauts yet and greed will kick in. It is human nature which causes the fall. No recommendation. Bearish divergence. by lauraleaUpdated 323210
These vaccine stocks don't care about market weaknessBoth Moderna and BioNTech are breaking out today on the daily time frame. The relative strength in these vaccine stocks is something to pay attention to. Not sure if it means anything for Covid, but with the resurgence of cases making headlines on TV again, we might see continued strength in these names. Breakouts have not been working recently, but the r/r looks good for either of these with a stop below today's low. Longby LanmarUpdated 228
MRNA Ready For A Pullback? Targeting 290 sometime during the month of August. I've seen lots get burned trying to short this stock, but I think it's primed for a pullback in the near term. Upcoming earnings will tell. NOTE: I'm pretty new to TA, but I like to think I've learned a good bit since I started. Any feedback would be welcomed. No offense taken. Shortby NijjUpdated 222
MRNA Run & DoneIF the run is done then this is what I expect to see for August. Fundamentally, they haven't come out with a cancer cure (yet) so I'm thinking this turkey is cooked. Earnings out tomorrow so we'll see when we'll get back to reality. Shortby DaBears1114
strategy for MRNA Thursday 08/05/2021(MRNA buy price 434.00) (MRNA SELL price 432.00) NOTE: that it looks simple does not mean that it does not work, I can only tell you that behind this simplicity, there are many years of workby RobertoTraderWithoutStress221
MRNA 4hr BreakoutMRNA is forming a breakout on the 4hr chart. Entry: 362.10 Stop: 335.70 Price Target: 414.81 Longby Trade_SoupUpdated 224
Final Targets for MRNAWhat a price action today. It hit our Previous target of $340 and reversed. Revised count, we still have more upside to MRNA. But a few days of correction before we can start the up move. Longby rbswingtraderUpdated 23237
MRNA - 4H :: Trendline + Support and ResistanceDue to people's concern with possible variants, it is likely that there is an appreciation of the biotech market. Take profit at $362 - 50%by tdgattiUpdated 222
MRNA into ERMRNA into ER looking to test/breach 400. What a tear it has been on if you caught it at optimal buy zones of the deviation channel.Longby GroundNinja4
MRNAMRNA shares continue to remain strong but are approaching RSI resistance at 78.6 level. Shares fell below this RSI level last week and are likely to back test this level. Historically, this level acted as resistance on several occasions, so there’s likely to be some reaction this time as well,Longby Trade_with_confidence0
Moderna Receives FDA Fast Track Designation for Respiratory SyncMRNA: Moderna, Inc. 2021-08-03 09:10:00 Moderna Receives FDA Fast Track Designation for Respiratory Syncytial Virus (RSV) Vaccine (mRNA-1345)Longby JetEquities0
Loosing momentumLooks like the impulse 3 of Wave V is in and we might now be looking for a Wave 4 correction based on the divergence seen in the RSI. I dont have any postition in this yet but i did short BNTX as that has similar pattern. by rbswingtrader773
strategy for MRNA friday 07/30/2021MRNA implied volatility is trending higher. Price to buy 352.00, but before we have a double top at price 362.00 and our entry should be 363.00 not before. the next price at which we must sell is 350.00 below with the next double bottom at price 319.00 must be aware that mrna is bullish in its 5mn and 15mn time frames, and that we must enter once it has penetrated the 200 moving average in 5mnby RobertoTraderWithoutStress5