MRNA trade ideas
MRNA Wedge Pattern - 30min chartWe are sitting in a wedge near ATH for MRNA
The relative volume of 0.58 confirms the squeeze. Our Entry levels are based off previous candles and volume profile on the 30 min chart.
Entry Levels:
Calls > 221.55
Puts < 211.24
High chance breakout happens first hour of today, so be ready
Revised TargetSuggested the PT of $200 here but its going to do even better than that. First target $260 and then above $300.
MRNA completed Wedge Breakout extension 6/08/2021MRNA completed Wedge Breakout extension 6/08/2021 with a full movement of the base of the triangle wedge.
MRNA - JUN 8MRNA - JUN 8
it shows the respict of the supporting trend and targeting 230, 240
good luck for every one
MRNA - Double Top Break Out bullish momentum
double top break out
all time high 207.38
price target 220.00
Long AgainI've closed my long position this week to early as I expected some profit taking today. This has not happened. Moderna seems to be unstoppable like Covid-19. A new weekly high gives hope for further gains.
MRNA to ATHlong-awaited reversal brought MRNA to previous highs.
I expect it to go the green way, reaching 220’s-240’s, after which the profit-taking spree will bring it back to 180’s or lower.
much, of course, will depend on the earnings in 2 days.
if the earnings are exceptionally great, it may take the grey way, with potential ATH just shy of 300.
and if they upset, we will see steep decline to 105-120’s support.
MRNA: Ready to break out!Here you can see a C&H pattern and if, and if, we close above the green line today, we'll be good to go. Since the RSI is also near 70 and the volume is decreasing we might see some consolidation after the break out before hitting the first target.
Moderna Inc. stock - "The end of a pandemic Stock" Moderna, a drugmaker with just a single product to its name
, has become perhaps the best-known biotech in the world over the past four months, with nearly 100 million doses of its Covid-19 vaccine administered in the U.S. alone.
Shares of Moderna Inc. MRNA, +5.56% slid 9.72% to $111.40 Monday, on what proved to be an all-around favourable
trading session for the stock market, with the NASDAQ Composite Index
#moderna #mrna #Mrna
moderna ideamrna finally broke out of that long resiatnce it was holding it down from febebruary . mrn will be Bullish as long as that support holds 186 i dont know if mrna will retrace and retest that suppoer, or will it just keep going up. if it does you want to go long near 186 , and go short below, as of now its bullish i will be waiting for an entry but not buying at this levels its getting overbought with some divergences showing up on the 4hr,
MODERN ASCENDING TRIANGLE BREAK OUT.7 MONTHS OF ASCENDING TRIANGLE, THE BREAK WAS AT JUNE 3 WITH THE CANDLE CONFIRMING. POSSIBLE DESTINATION 250USD
MRNA (Moderna) facing a major resistance level MRNA has been in an uptrend that has taken it to a major resistance level at $190 but it seems it will bounce back cause MACD is not supporting the trend. Andrews Pitchfork is also showing that the median line is acting as resistance and the stochastic is so high, indicating that the trend is about to end. I guest it will go back to $170. This stock is a sell for me right now.
BreakoutThe breakout is not complete yet as the week is not over. But the momentum is high so that we can expect the price to keep the gains.
