In July-August 2021, one of the Wall Street Bets top rank plays was MRNA.
Moderna did a great job in vaccine development, but that bullish move of +130% in 23 trading days was pure market manipulation!
If you think that kind of move will happen again or not, the answer is: It depends on WSB..!
I think a long Bearish-consolidation phase is ahead for Modern..!
and it could go below 200..!
Please check my previous Articles:
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Moderna did a great job in vaccine development, but that bullish move of +130% in 23 trading days was pure market manipulation!
If you think that kind of move will happen again or not, the answer is: It depends on WSB..!
I think a long Bearish-consolidation phase is ahead for Modern..!
and it could go below 200..!
Please check my previous Articles:
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.