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...
My Bullish view of the SP500 is no longer in effect despite the LH on the Weekly failed. Yes at one point, buyers left and sellers took over. With news, buyers did come back in the end. As a result, for the past 2 weeks, buyers were in control that it created new highs. The question is, who are these buyers? Institutions or Retailers? I can guarantee you...
