MRNA ? Buy Weakness

NASDAQ:MRNA   Moderna, Inc.
MRNA descended this past winter off a head-and-shoulders pattern on the daily chart just under

the demand zone as shown by the LuxAlgo indicator. Price is now in a downtrend heading into

earnings tomorrow. MRNA needs to show something good otherwise it will break through the

demand zone and keep going down.

This is a risky earnings play betting that something will show up on the report to buoy up the

company and its stock. I will risk 0.01% of the trading account on a call option with DTE 5/19/23

looking for a minor surge and so a good quick profit.

( see also the link below)

Trade active:
Earnings reported. Call options are up 20% overnight. Not taking profit yet. Will take a partial to book the profits to close the week tomorrow and let the rest run next week.
Trade active:
Nice price action today. bough another set of options in the money for DTE 5/12 this time a bigger position as this is now with diminished risk.
Trade active:
Price action further supports call option positions.

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