DaBears1

DaBears1

Nice set up at support with a lot of upside.

DaBears1

MRNA: $49-$51 Slide on pfizer news / Rebound on Wed/Thurs $54 A few thoughts: Pfizer R/D out first thing Monday and I think the news will complete the slide to the support line ($49-51). Should rebound to $54 where it'll have resistance on Wednesday. I think the MRNA R&D news on Thursday will determine a further slide to $44-46 or a big bounce back up to $63

DaBears1

Established support with lower lows, consolidating wedge, positive headlines, and now we just need volume.

DaBears1

It looked like an early breakout but I think it's heading down to $48. Fib, Support and Resistance all converge within a week if it holds.

DaBears1

If MRNA can close above $57 I think it can reverse the downtrend. However, if it fails to get above resistance MRNA might make a run to the 200 SMA . Next stop down is $50 then $46.00 then $44. I've followed CODX and MRNA closely and they tend to trend in the same direction. If it follows CODX then it'll drop to $36 by end of the month.

DaBears1

Pre-established channel support held today and I think it'll extend the wedge as long as there isn't an Earnings Miss on Tuesday.

DaBears1

Large Cup set up pre-pandemic and it looks to continue.

DaBears1

Fact or Fiction? We'll see