MRNA descended this past winter off a head-and-shoulders pattern on the daily chart just under
the demand zone as shown by the LuxAlgo indicator. Price is now in a downtrend heading into
earnings tomorrow. MRNA needs to show something good otherwise it will break through the
demand zone and keep going down.
This is a risky earnings play betting that...
MRNA has been in a bearish trend from quite a while but now it has started to move back up
Its following a very good resistance trend retest . The recent drop was due to bad news but it should be back on track soon
According to FIB after crossing 176 the bullish reversal will be confirmed
Entry @ 176
SL 170
TP after 202+
Following daily.
I got a long signal with my system.
Hard TP 155.5
But I'll publish a dynamic SL and target. If you want to join trade, please follow my updates.
Omnicron is on the rise and the travel season is going to further increase the number of cases in US. More and more people are running for booster shots as well. The stock was hammered last week and is close to oversold on longer timeframes. Thursday saw a nice reversal from 238 for a potential double bottom on 30 mins.
TRADE IDEA:
260C 12/31 on break of $253
TP:...
$MRNA had a really nice gap up Friday morning in premarket. Made a really nice move to the 350sh key area and consolation for the rest of the day. We also saw a ton of call flow coming in for the 380s 390s and 400s and even the 500s. Looks really good for a bounce or above 350.50.
$MRNA "Hi Alert"
Entry: 350.50
Targets: 354,360, 362.50
Stop Loss: 15%
MRNA -- Delta has lead to a greater appreciation of vaccines
$MRNA might have vaccination boosters but not confirmed. If needed, it will positively impact the stock
