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MalcolmInTheMoney
Nov 29, 2021 12:05 AM

11/29 - 12/03 | $MRNA | Watchlist #3 Long

Moderna, Inc.NASDAQ

Description

MRNA $308 or $300 bounce
(If we get below then reclaim these levels, take a position for calls)

Price targets:
308->310
300->305

Technical analysis: Bounce off pivot point around 308 area or bounce off psychological level at 300

Rationale: With increasing news of a new virus variant, vaccine stocks are rallying so there is built up potential for more momentum
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