BBTrader29

MRNA Snapback

Short
NASDAQ:MRNA   Moderna, Inc.
MRNA has had a huge run up on anticipated vaccine news, now that the news has hit the sell off will commence. It is completely beyond the bands of being overextended and overbought. I expect a quick 1-3 day snap back on this down to more Average true range levels around 90 area.
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.