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eziolisi_Investments
Jan 6, 2021 6:27 PM

MODERNA. bouncing OFF the FIB 618 support line 

Moderna, Inc.NASDAQ

Description

MODERNA. bouncing OFF the FIB 618 support line - almost a month of decline pulling back down, to a level now of fibonacci retracement at the 618 level ---- as support for the moment. Possible redirection seen. Alwasy good when the DOW is up significantly...for all stocks on a green day.

RSI --- very low below 20. which adds to the support...for room to move up for now....at least.

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Comments
eziolisi_Investments
ITS A FRDIAY ----- hard to gain any steam or momentum on a Friday.... day traders or momentum traders take money & profits off the table ------- at end of the week.
eziolisi_Investments
markets maintained.... pre-morning..
eziolisi_Investments
Strong so far.....
eziolisi_Investments
Is this just a pause with SUPPORT levels at 618. or a change in direction! - lets watch....to see if it holds... good small profits none the less 6% up when bought in. early.
eziolisi_Investments
Lets see what tomrrow brings if the week is strong still (Dow) it will push up....
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