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BeyondBullishTrades

$MRNA Trade Idea for Santa Rally 12/21/20

Moderna, Inc. (NASDAQ:MRNA)  
BeyondBullishTrades Updated   
NASDAQ:MRNA   Moderna, Inc.
Trend Analysis Technical Indicators Chart Patterns moderna mrnabuy mrnastock
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trendanalysis indicator chartpattern moderna mrnabuy mrnastock
Bouncing off the 20 EMA and closing inside of previous bullish candle. If price breaks below 135 (purple box) = downside risk. Price action would drop.

However, I'll be watching to see how price reacts to vaccine rollout news pre market. Could form a "W" reversal pattern.
Comment:
Nice price action out of the gate this morning.
Trade closed: target reached:
Short target was reached. Once price broke below the purple box (as mentioned above) the move came quick! Great trade!!!
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