If the Johnson & Johnson COVID-19 vaccine does well in final phase testing, this could cause the share price to break out from the current bull flag formation, if not we will see a break to the downside.
The price could go either way depending on the results from clinical trials of their Covid-19 vaccine.. so watch this space for confirmation either way.
I am looking for a breath through of resistance, followed by confirmation that the resistance becomes support as a signal to buy the next bull run for Moderna on the daily time frame.
