MRNA: Ready to break out!
Updated
Here you can see a C&H pattern and if, and if, we close above the green line today, we'll be good to go. Since the RSI is also near 70 and the volume is decreasing we might see some consolidation after the break out before hitting the first target.
Comment
chi ching!Comment
Two possible ways to go from here:1- It will go back down to test 190 and then continue toward Target 2.
2- Will go sideways and form a triangle before breaking out. We're seeing this scenario playing out right now.
Action: take your profit, wait for the next signal and watch the volume.
Comment
Round 2
Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
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