Opened a long position in 
MRNA stock today. Could be a large head and shoulders pattern forming. Entry price in below the trend line & still got creamed today on volume & lack of market participation. Either way, baby was thrown out with the bath water. Other support levels will likely get this darling on an up swing by Friday or next Tuesday.
Ask yourself which vaccine you'd prefer - if given a choice...
MRNA stock today. Could be a large head and shoulders pattern forming. Entry price in below the trend line & still got creamed today on volume & lack of market participation. Either way, baby was thrown out with the bath water. Other support levels will likely get this darling on an up swing by Friday or next Tuesday.Ask yourself which vaccine you'd prefer - if given a choice...
Note
finding decent support in the white band as illustrated. Accumulating more if it bounces toward the bottom of this range, possible ricochet off the .786.
MRNA holding up decent amidst a putrid tape today.Note
MRNA appears to be finding a bottom here (white support box). Looking for a strong rally next week...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.