Geckie

MNDR - Downtrend channel

NASDAQ:MRNA   Moderna, Inc
Moderna is clearly in a downtrend channel and I wouldn't be surprised if it hits $120. I have long positions opened at $139 so I will sell those tomorrow and buy back lower.
Comment: Forgot to mention but MA also crossed and it shows downtrend.
Trade active: Placed a short position at $130, it didn't go to the high.
Trade closed manually: Closed short position at $123.70.
Everything went according to plan, right now it may be on a track for a pull back. Monitor it closely as it may be a good swing and a long term trade.

Comments

Congrats on the trade.
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Geckie KonoHaru
@KonoHaru, Thank you!
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