PLEASE READ THE ENTIRE POST, IT MIGHT JUST SAVE YOU A SOUR INVESTMENT
I have been following MRNA for about a month now, and something interesting has happened that not many people know about.
On 4 September, news came out that the CMO, the President AND the CEO have sold large if not all of their holdings.*
Now the company says that this is no reason to panic....
This is a timeline of funding related to the US Government's Operation Warp Speed. MRNA and NVAX are the two stocks that have reacted strongly (in both directions) to any kind of COVID news. You can see that towards the end of phase 1 trials, they disclosed grade 3 adverse reactions to the vaccine which led to a -50% drop in the stock.
Today we're looking at MRNA aka Moderna, the darling biotech that might be the savior of us all should they produce an mRNA vaccine that could be more easily produced and distributed at scale than a traditional vaccine candidate.
Reading into this story I've been intrigued, especially with the nice patterns forming in this chart with an easy to identify Impulse...
Moderna (NASDAQ: MRNA).
The Major trend is Bullish; The Trendline and EMA (with a length of 200) has been broken giving a signal of weakness of this Market. The idea is always to invest in the trend direction (bullish), but currently there are not a lot of signals to go long.
If 66.5 USD level will not be broken in the next days, perhaps the idea is to go long,...
The price literally exploded as you can see in the last candles.
As its in a bullish trend and considering the current world situation, I'm going to personally buy this stock.
see full chart at www.tradingview.com
GSK
Entry $39.70
Target 1 $42.45
Target 2 $45.50
Target 3 $48
stoploss 38.70
Why this play?
There are 4 general approaches to the Covid vaccine.
1.A "killed" coronavirus that will get recognized as foreign matter in the blood. (Sinovac/Dynavax)
2.Coronavirus proteins themselves, produced industrially in outside cell...
$MRNA Moderna Downtrend Breakout - Bullish Options Flow
Bullish Options Flow Today
12k $70.00/$75.00 strike 09/04/20 calls traded today vs open interest of <3k. Total premium outlay = $3.7M
Near term target: $76.00
Hello everyone!!!
This time I brought another idea on MRNA, my feeling is still going LONG there is a possible positive divergence on MRNA 1h chart.
Also the stock has been respecting the trend line also we have a big support zone around 65 and 70 USD.
Please let me know you thoughts on this analysis and looking forward to hear from you guys!!!
Also if you...
