$MRNA is setting up after a pullback within a bigger uptrend. Stock fell back to the rising 50-day after retracing 1/2 to 2/3 of the Sept-Dec surge. RSI also fell back to the 40 area, which acts as momentum support in an uptrend. Recent bounce broke out of the falling flag/channel.
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-Arthur Hill, CMT
-Arthur Hill, CMT