Update from Moderna CEO tomorrow on current supply and R&D trials. Volatility dropping from highs.
This is a great example how forward looking indicators, when used in conjunction, can provide the most accurate support and resistance levels. While most indicators are lagging, projection indicators that help define major price pivots are predictive. MRNA ran into the upper MSP boundaries and has been trading between the bands with TDS lines from prior signals...
held GILD , MRNA calls over the weekend gilead only phase 3 coronavirus cure moderna first coronavirus vaccine
Technical RSI, MACD and momentum indicator (Lazybear) and chart looks like Moderna will be falling this week (8% +/- 5%) I plan to accumulate on dips into the $19 area while looking at charts. To confirm the formation of reverse head and shoulders, the nice symmetrical MACD and momentum swings with RSI reaching a bottom would confirm MRNA is poised to break...