Moderna to $90?Moderna could have another leg down and may bottom somewhere in September targeting $90.
MRNA trade ideas
QuickTrade : MRNAFast trade with entry levels and targets.
The current downward wave may need a pullback.
MRNA - Buy after a sell-off, Vaccines are here to stayVaccines are here to stay and many companies will have a good balance sheet in coming years. Moderna is a buy and I am DCAing from 186 down to every monthly dip.
MRNA will recover above 200 within 2022
Moderna at key resistance? Moderna
Short Term
We look to Sell at 183.71 (stop at 203.39)
Preferred trade is to sell into rallies. Previous resistance located at 190.00. Trading within a Bearish Channel formation. Our overall sentiment remains bearish looking for lower levels. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 121.74 and 94.19
Resistance: 190.00 / 220.00 / 495.00
Support: 156.00 / 120.00 / 100.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Bull FlagEarnings beat.
This looks like it may pull back a bit but who knows.
No recommendation
Short interest is 4.75%
MRNA - Feeling bullish for $200We have seen some solid price movement on MRNA over the past week. We saw pushes past the 180 levels of resistance and now hover within the 190 zone. I am looking for a nice clean break out of $200 to hopefully give us enough legs to get to $210 in the coming weeks. On the daily chart we are coming out of a MACD Cross which is one of my favorite technicals to look at. With news on Monkey Pox as well being a global issue, a stock like this one can see benefits in the coming months as well. Whether I am short or Long I am bullish at this time.
MRNA has rallied 66% from its bottom MRNA has rallied 66% from its bottom set in mid june.
Technical indicators suggest a strong turnaround.
The P/E ratio and Forward P/E ratio remain in the low single digits.
I boosted my position when the price crossed above the 50 day EMA.
I will take advantage of any pull-back below the 200 day EMA close or low.
Overall, this is still a nice entry point if you wish to go long MRNA for the rest of the decade.
MRNA and WTZ1 MRNA is consolidating inside the range for several weeks; and then, it's likely breaking out the upper range after earning announcement. I apply WTZ1, my favorite setup, for making the plan. The Next range is supposed to be its target. Good Luck :oP
8/3/22 MRNAModerna, Inc. ( NASDAQ:MRNA )
Sector: Health Technology (Biotechnology)
Market Capitalization: $74.178B
Current Price: $186.49
Breakout Price: $189.50
Buy Zone (Top/Bottom Range): $180.95-$147.05
Price Target: $204.50-$208.80 (1st), $258.80-$263.70 (2nd)
Estimated Duration to Target: 34-37d, 91-96d
Contract of Interest: $MRNA 9/16/22 190c, $MRNA 10/21/22 200c
Trade price as of publish date: $13.96/contract, $15.55/contract
MRNA early in trend reversalCatalyst may be the federal government's plan to purchase
vaccines for new Covid variants for the fall but then again
purchases from governments on a global basis is further
for future revenues being priced in.
Chart shows trend reversal with crossovers of RSI, MACD
and relative volume.
Is MRNA about to get a fever>
Moderna seems to have ended the down trend Either this is the start of a new uptrend or it is just a pause in the down trend, Moderna has broken the bear channel which should imply a push higher at least in the 270 area.
SL around 135 below 0.65 FIB from last wave.
MRNA - SHORT THESISBearish on MRNA, though earnings are always a toss up. If we see a breakout to upside, I believe it's a good short opportunity. Earnings may just flop, and it finds itself testing neckline of weekly H&S, sloppy looking one at that.
Notable areas that could see short term reversals and/or support...
$102, 95, 88, 75
MRNA RetestMRNA has retested support around the 156 area and showed a bullish close on the hourly/4hour/daily charts. The range here is 156 to 184. MRNA had a healthy pullback to support and now looks to continue upward in the range.
MRNA SELLMRNA overbought on couple indicators on various time frame charts chart has long term support and long term resistance looking for a correction back to cloud support of $150 range. Purchased August 12 $175 puts will add if needed
Moderna NASDAQMRNA NASDAQ looking good, weekly close above confirmed trend line.
Confirm buy $190 above previous peak due to resistance at $179 area.
MRNA SHORT - A THING OF BEAUTYPURE Nature.....
Just follow nature
The Fib is as natural as one can get...
MRNA GOLDEN SHORTYou don't see beauty like this very often!!! Take advantage!!!
Flow and Algo support this move, Charts support this move, News and Politics support this move. Massive H&S, Same Pattern.....
R/R perfect.... DROP IT
I am ALL IN
MRNA-SELL strategyThe stock already has been testing little higher and subsequent movement lower has moved stochastic in negative territory amidst a high RSI.
It feels we may see a test of $ 155.00 area near the GANN support is my personal view.
WATCH MRNA Bullish
Fundamental
- High inflationary Macro environment / No fear sentiment
- Funds Accumulation
- Positive PE
- PEG
- Positive P/FCF
- Strong Sector / Industry / Leader
- Misc thoughts : looks like biotech is hot
Technical
- Momentum Theory Indicator - momentum bottomed and broke out
- Price action formation ( falling wedge )
- Broke Trend line / neckline pressure
- Under 200MA
- Above POC
- Under ST
- Engulfing Candlestick Broke out followed through
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
" Giving up is hard. Pushing through the struggle is hard. Choose your hard "
Cheers and happy trading!
illustrationHere we have a downtrend after a breakout of the vwap and the support line with force by a big candle with a large volume .thanks.
analysisOn this action, we are already in an uptrend and we will not go against this trend. But we will keep a close eye on a high downtrend probability ie the breakout of the support line as well as the strong vwap followed by large volume. Indeed, it must be said, here the support line is more important than that of the resistance. But, if the resistance line also comes to be broken with force as well as the vwap followed by a large volume, it goes without saying that we would have a continuity of the said trend, namely bullish. thank you for your attention.
MRNA...Man, I mean look at this... self explanatory. The Wall St. Cheat sheet is pretty much identical to this Moderna chart. Ran up on Covid vaccines, but actually is a solid Biotech Pharma company that actually makes money. Good time to buy IMO.
