MRNA - potential reversal

MRNA has been trading outside lower Bollinger Band, currently priced at $111.40. It has also declined from recent peak of $178.50 at almost 38% decline rate.

Stoch has been in oversold mode few last trading days, and it's just a matter of time before the cross up and we might be seeing a direction change. Expect confirmation at $120.26 and next target is $138.13.

Latest news:
- moderna vaccine for US troops in South Korea
- moderna vaccine for US troops in Japan
- South Korea gov will purchase from moderna enough for the use of 20mil peopleMRNA
aimtradingMRNATrend Analysis

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