MRNA made a huge leap on Friday going front $133 to $144.
I believe MRNA will resume bullishnes as long as the market remains stable and bullish BUT, MRNA could drop to around $135 before continuing to go up.
It still has a way to go on the RSI indicator and EMA's still haven't passed over. If MRNA exists the channel be ready for more mooning to come.
Disclaimer: I am not a financial advisor and this is purely my opinion and thought about this stock, do your own research before going into MRNA.
I believe MRNA will resume bullishnes as long as the market remains stable and bullish BUT, MRNA could drop to around $135 before continuing to go up.
It still has a way to go on the RSI indicator and EMA's still haven't passed over. If MRNA exists the channel be ready for more mooning to come.
Disclaimer: I am not a financial advisor and this is purely my opinion and thought about this stock, do your own research before going into MRNA.
Comment:
MRNA is on the way to form a double bottom which can accelerate a rebound. I missed the last time to buy at 136.50 because it didn't go as down as i expected.
Comment:
MRNA has a huge boom today due to J&J vaccine getting paused, previous resistance might act as a support. Keep an eye on it.
Comment:
Important moment, MRNA hit resistance at 160. If it does hold it could go back down again if it breaks through expect ATH.
Order cancelled:
To those that followed my analysis and bought at around $120 I would suggest to close your trade, MRNA has hit a resistance of $170 which last time it happened, it dropped a lot.