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Dragon_Ball
Dec 22, 2022 4:33 PM

$MRNA - Moderna: Megaphone Top Short

Moderna, Inc.NASDAQ

Description

On weekly we can see that the price has formed a long-term Head&Shoulder, where its right shoulder is a Megaphone Top.

Price is hugging & kissing its upper trendline, which is also an area of a perfect entry to go SHORT, as there is a very small risk compare to a very big reward.

I will be looking and patiently waiting for a Key Reversal from upper trendline to go SHORT.



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