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game_trader
Jan 15, 2021 5:44 PM

$MRNA - energy gained to $140 - $150 - $160 Long

Moderna, Inc.NASDAQ

Description

Classic case of fib level retracements

Target 1: $140
Target 2: $150
Target 3: $160

There are resistance levels to break between the targets.

RSI and MACD suggest there's energy to break towards target #3 prior to earnings.

Considering PEG, future outlook, product pipeline, news storyline and environment - MRNA has a good potential for 2021.
Earnings call will be critical milestone.
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