Geckie

MRNA on resistance line

Geckie Updated   
NASDAQ:MRNA   Moderna, Inc.
MRNA 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.
Comment:
Breakthrough just happened reaching highs of $147.29, possibly fake. Something similar may happen as 18th march, making the next resistance at $147.53.
Comment:
MRNA broke through, it's closing in on the RSI right now so be careful.
Comment:
Everything happened as predicted, it went down to quite a bit, I will be ready to open positions at $138.75 as that is the support i gave.
Trade active:
Got in at $139.44, went in a bit late due to brokerage issues but either way an excellent bullish trend.
Trade active:
Next resistance is at $148, might close there if it reaches that depends If it looks bearish. I will buy back lower for a bit extra profit in that spread. Very positive that it will reach $150 soon.
Trade active:
MRNA went seems steady on the support around $138.20.
Trade active:
Still holds very well at the support of $132-$133. Still bullish and I'm not surprised if there is a reversal soon, the overall market is just bringing MRNA down so once this is done I'm pretty confident that MRNA will be good.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.