MRNA - Looking for wave 5

Moderna, Inc.NASDAQ

Description

⋅ Sep 11, 2021 5:00 AM

Previous analysis was wrong (linked).

Trying to follow @holeyprofit's analysis, targeting 560+, but currently there is a bearish gartley happening here.

So... Looking for a hold around the .618 (440) and then breakout past the .786 (465) and on to the target.

Notice the large bullish volume yesterday and today. So there's still some upside potential here.

Comments

olakunledean

⋅ Mar 12, 2022 2:14 AM

nice charting. seems you like Elliott wave and volume.
would love to talk more about volume though.

ChartMeNot

⋅ Mar 12, 2022 3:25 AM

@olakunledean thank you but this was a bad idea (like most of my ideas lately). I don't know what I like. trend lines and fibs usually, though I never know whether .618 or .786 is the best to look at.