Get started
ArturoL

Short this

Short
Moderna, Inc. (NASDAQ:MRNA)  
ArturoL Updated   
NASDAQ:MRNA   Moderna, Inc.
Support and Resistance Double Top or Bottom Head and Shoulders testing shortsetup
2
2
supportandresistance doubletoporbottom headandshoulders testing shortsetup
If you want to have some edge in your portfolio, short this. Price is testing the broken support, happens to be an important one, and now is a strong resistance. There is a lot of resistance above, it needs more than a bounce to break it up. I already have a short position, is just a matter of days to price falls like a rock. Too many bearish patterns playing out. Every time it pulls back up is an opportunity to buy puts.
Trade active:
Bought some puts:
Expr 09/01
Strike 109

snapshot
Trade active:
Looks good, double top forming at the resistance is going to drop very fast if it confirms:

snapshot
Trade closed manually:
Taking profits. I think it wants to test the resistance again:
snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.