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.
#MRNA got a positive report of FDA expert commission on its covid vaccine today. Committee meeting is scheduled for Thursday and vaccine approval may be granted starting from Friday. It's going to be the most expensive vaccine of all so the sale numbers won't be of a global scale. Way up to $200 for the #MRNA stock is technically pathed through the correction at $140.
...Another single stock opportunity that is worth building a bridge over; $ABUS (Arbutus Biopharma) an excellent and cheap shelter for the next chapter in covid flows. The beauty of choice! It is interesting as all covid vaccines will have to RNA IP .. this is a convincing driver. As well as creating a shelter, use the intimately linked highs to add and...
Prices are moving in a bullish trend (very fast/very steep)- the best option would be to hold and wait the end of a possible price retracement/set back before going long to reach the target price of 180 USD. NASDAQ:MRNA
A potential outbreak to the upside on MRNA to complete wave (5) of ((3)) before correction to the fourth wave (4).
We don't know if the hype is over around MRNA. It has probably finished its 5-wave impulse and will need to settle down in correction. There is support zone in the range 87-103 formed by previous price highs and some Fibo levels as seen on the chart. From the fundamental point of view we could compare Moderna with some other biotechs: AMGN, GILD, VRTX, REGN,...
Trade Analysis Based on Price Action & Fundamentals Analysis. With Risk Management you Will Never loss Thank you
Moderna announced today it would request the United States & Europe an emergency authorization for their vaccine. If my sources are correct. As usual most of the mainstream media are unable to relay the information correctly, according to them the demand has already been made some posted at the same time say "will", and some only mention the FDA (the US...
Right now, stocks in companies developing a vaccine against the virus look very attractive to investors. Knowing how to correctly determine the trend and price movement, you can make a profitable investment and get a lot of profit. We have developed a script that analyzes price movements in real time, taking into account current and past trends, and offers signals...
LONG TIME POSITION
Be humble but with confidence to have longevity in the market . Still has room to go up but for pro's only .. wait for a pull back.
This analysis it s designed take a reference on a one years time range. Looking to the performance and the way thing are going on we can assume that Moderna will be able to smash new resistence one next to the others.
The Idea is to go long - Possible target price 110 USD
This was my previews post about Moderna: The indicators are still bullish. The price of the stock grew 5X since the beginning of the year. 11/16/2020 Oppenheimer Boost Price Target ➝ $157.00 11/16/2020 Piper Sandler Boost Price Target ➝ $166.00 The traditional method of creating vaccines – introducing a weakened or dead virus, or a piece of one, to...
it gonna see a big downturn today !! and its really difficult to climb back up again .. don't miss the change today .
Prices are moving inside the channel - the best option would be to hold. It is too risky to go long now, but it seems that the probabilities that the price will go up are higher than it will go down.