The market is Bullish and the idea, if it is possible, is to invest always in the trend direction. Stochastic is on overbought meaning that the prices might be ready to start the retracement stage.
Based on Technical analysis, the idea is to hold and wait the end of the price retracement before going long.
Fundametal Analysis
Moderna — Moderna shares jumped 10% after the data released by the New England Journal of Medicine showed the company’s coronavirus vaccine candidate, produced neutralizing antibodies in all 45 patients in its early stage human trial. The data shows the vaccine “elicits a robust immune response across all dose levels,” Moderna Chief Medical Officer Tal Zaks said in a statement.
Based on Technical analysis, the idea is to hold and wait the end of the price retracement before going long.
Fundametal Analysis
Moderna — Moderna shares jumped 10% after the data released by the New England Journal of Medicine showed the company’s coronavirus vaccine candidate, produced neutralizing antibodies in all 45 patients in its early stage human trial. The data shows the vaccine “elicits a robust immune response across all dose levels,” Moderna Chief Medical Officer Tal Zaks said in a statement.