Clean Setup in MRNAIt hasn't broken out yet, but MRNA looks poised to continue higher. I wouldn't mind a starter here because risk is so easy to manage. This name seems like it will be obvious in hindsight, but people overlook it now because they want the hot new stock. This technology is revolutionary and will become brand name. It doesn't have the upside that it once had, but that doesn't mean you shouldn't want to own it.
MRNAC trade ideas
MRNA, RSI Indicator left the overbought zone on Feb 11, 2021This is a signal that MRNA's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked back and found 24 similar cases where MRNA's RSI Indicator left the overbought zone, and in 19 of them led to a successful outcome. Odds of Success: 79%. Current price $180.71 is above $74.10 the highest resistance line found by Tickeron A.I. Throughout the month of 01 /11/21 - 02/11/21, the price experienced a +56% Uptrend. During the week of 02/04/21 - 02/11/21, the stock enjoyed a +6% Uptrend growth.
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Indicator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MRNA declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 79%.
MRNA broke above its upper Bollinger Band on January 29, 2021. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
MRNA long Fisher confirms again possible new highsLooking at side way consolidation to be over
here are the criterias on weekly chart
Fisher transform Positive
3&8 ema + on Weekly
3&8 ema + on 3 Days
8&34 ema + on weekly
Some basic E.W. to match
Weekly pivot respected
Wrong analysis if break 395 again in my books
MRNA: a very perfect cup with a handle pattern to be true?MRNA’s short-, mid- and long-term trend are presented. In both the weekly and daily charts the trend continues to be rising.
We remain bullish as long as the mid-term trend is rising regardless of the short-term moves. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
MRNA seems ready to continue its risingThe short-term trend chart of MODERNA is presented. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
MRNA coming to a deciding momentMRNA having a great run, I'm watching the 10h and 20h MA for a bounce and continuation. If it doesn't correct too much here I think it has a good chance at a run off the 10/20h MAs. The daily chart looks like it needs a break so I am willing to see a correction here before more upside.
IS THIS THE END?As predicted, currently moderna reached one of the forecasted TP
Moderna possbily already in distribution phase
After this, there will be (watchout)
1/ Sign of weakness (gap down or reducing in price with increase spread of bearish)
2/ ultra high bearish volume
3/ breaking the ice~
If business is good, new catalyst present, then it will make new accumulation
The cycle continues
Cup Handle?? Abc BullishHas formed a cup but I do not see a handle, possibly pull back to form handle or there may be one in there and I just do not see it.
Still in an ABC bullish pattern as well..Targets for the ABC pattern were 176.5 and 192.5...C is at cup low.
weekly candle indicates possible pull back so maybe a more discernible handle will form.. ''NV is flat. It appears smmart money did their accumulation back down at 17to 15 range..OBV and Positive volume are high...be safe as the next cycle will be the distribution phase and smart money is and will be selling...Nothing goes up forever unfortunately..
Not a recommnedation
It is when you are winning, that you are the most susceptible to making a mistake. (o: