Moderna is clearly in a downtrend channel and I wouldn't be surprised if it hits $120. I have long positions opened at $139 so I will sell those tomorrow and buy back lower.
Comment:
Forgot to mention but MA also crossed and it shows downtrend.
Trade active:
Placed a short position at $130, it didn't go to the high.
Trade closed manually:
Closed short position at $123.70.
Everything went according to plan, right now it may be on a track for a pull back. Monitor it closely as it may be a good swing and a long term trade.
Everything went according to plan, right now it may be on a track for a pull back. Monitor it closely as it may be a good swing and a long term trade.