We have a lower high, compare this past 16-November to 4-August. We also have a clear bearish pattern in the form of a rising wedge. Going by the candlesticks, we can spot some bearish signals there as well. 16-Nov. Doji is a bearish candle. 18-Nov. another bearish candle, confirmation of the previous one. Today we gapped lower which gives strength to the...
Moderna has broken up above the 200MA... It looks good for upside along with the American rally with (lower than expected inflation rates, high GDP numbers and higher jobs). We just need a strong breakout above the Rectangle Box Formation before we have upside to $258.00.
Following daily. I got a long signal with my system. Hard TP 155.5 But I'll publish a dynamic SL and target. If you want to join trade, please follow my updates.
Moderna Inc (MRNA), a much discussed stock over the previous years, is having a +8% day, a very encouraging since following the rejection on the 1D MA50 (blue trend-line) three days ago. What's more interesting is that we have seen almost the same pattern in the stock's all time lows in 2019. As you see, the price since September has been on Lower Lows while the...
We all know this stock saw a large rise due to world conditions over the last few years, but since that has mostly come to and end, it's time to let MRNA rest for a while. This looks like a massive Head & Shoulders if I've ever seen one, this could bring price as far down as $30, but more than likely will find some major support at below $90 in the medium term....
Interesting i article I found on the web on retracements. Different pattern but the idea is the same context. "short XA retracement particular, I realized that the B point within a Gartley-type structure that was less than a 0.618 would almost always exceed the expected 0.786 retracement of the XA leg at the projected completion point. I showed Jim this new...
Head and shoulders on Moderna stock. Biden over the weekend stated the pandemic is over based off headline news.. Just a matter of time until the stock is worth about 40-70$.. been waiting on this. This company was worth decimals before the pandemic lol.
$MRNA Joe Biden says the COVID-19 pandemic is over. After breakdown 140 zone , now we ca go to 115 lvl june lows, #doublebottom #markets #stocks $SPX
Suggesting a recovery at 104.28 for Moderna A bottom is attempting to form This recovery point is along a stronger yet lower trend line
Moderna could have another leg down and may bottom somewhere in September targeting $90.
Moderna Short Term We look to Sell at 183.71 (stop at 203.39) Preferred trade is to sell into rallies. Previous resistance located at 190.00. Trading within a Bearish Channel formation. Our overall sentiment remains bearish looking for lower levels. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be...
MRNA has rallied 66% from its bottom set in mid june. Technical indicators suggest a strong turnaround. The P/E ratio and Forward P/E ratio remain in the low single digits. I boosted my position when the price crossed above the 50 day EMA. I will take advantage of any pull-back below the 200 day EMA close or low. Overall, this is still a nice entry point if...
Moderna, Inc. ( NASDAQ:MRNA ) Sector: Health Technology (Biotechnology) Market Capitalization: $74.178B Current Price: $186.49 Breakout Price: $189.50 Buy Zone (Top/Bottom Range): $180.95-$147.05 Price Target: $204.50-$208.80 (1st), $258.80-$263.70 (2nd) Estimated Duration to Target: 34-37d, 91-96d Contract of Interest: $MRNA 9/16/22 190c, $MRNA 10/21/22...
MRNA is setting up for a tight risk/reward breakout play.
BNTX is finally concluding a year long descending triangle pattern. I see a low risk entry at $150 and will be buying. Stop loss set at $138.49, risking about 8.5%. If we see a large move upward, I could see the stock retesting both its 200 day moving average (likely at $183) and its next major resistance after that at $295. A potential of nearly 100% profit (not...
MRNA overbought on couple indicators on various time frame charts chart has long term support and long term resistance looking for a correction back to cloud support of $150 range. Purchased August 12 $175 puts will add if needed
Moderna Short Term We look to Sell at 146.42 (stop at 154.23) Preferred trade is to sell into rallies. Price action has posted a bearish Shooting Star and is negative for short-term sentiment. Trades with a bearish descending triangle formation. Our overall sentiment remains bearish looking for lower levels. The bias is still for lower levels and we look...
Nice breakout from that bullish pennant flag🔥 Monkeypox might be the next Pandemic (according to WHO) and $SIGA might be the next $MRNA (5000% up since the beginning of Covid)🚀📈