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Mauriello
Jul 31, 2020 6:30 PM

Moderna Stock Analysis - MRNA 

Moderna, Inc.NASDAQ

Description

The trend is bullish - the idea is to invest in the trend direction - wait the end of the price retracement before going long.

Moderna (MRNA) – Moderna is aiming to price its Covid-19 vaccine at $50 to $60 per dose, according to sources cited by the Financial Times. That would be at least $11 more than the vaccine being developed by Pfizer (PFE) and partner BioNTech (BNTX).
Comments
cuteSeahorse22069
What is the buying price range should we look for?
Piperchap
@cuteSeahorse22069, I think PT$65 from the chart.
Mauriello
@Piperchap, actually, I meant 70 USD.sorry about it (I forgot to update the level)
Mauriello
@cuteSeahorse22069, Approx. 70 USD - the prices might test (touch) the trendline (red line) or the light line (EMA) before going up. EMA Is around 72 USD.
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