Moderna $MRNA#Moderna is resting after break out. $36 is the critical resistance. watch for rsi and volume.
MRNA
Moderna $MRNAModerna is one of the best pick for COVID-19 vaccine. They have already started dosing patients and expect the vaccine to be available for high-risk people like healthcare workers in the Fall this year.
The strength is rising and needs to close above $36 by the end of next week.
MRNA - Goldman Call Tomorrow -Update from Moderna CEO tomorrow on current supply and R&D trials. Volatility dropping from highs.
TD Sequential (TDS) Levels with Modified Schiff Pitchfork (MSP)This is a great example how forward looking indicators, when used in conjunction, can provide the most accurate support and resistance levels. While most indicators are lagging, projection indicators that help define major price pivots are predictive. MRNA ran into the upper MSP boundaries and has been trading between the bands with TDS lines from prior signals providing as additional support.
$GLID $MRNA #coronavirus #covid19held GILD , MRNA calls over the weekend
gilead only phase 3 coronavirus cure
moderna first coronavirus vaccine
Possible rough next week for MRNA - possible reverse H&S formingTechnical RSI, MACD and momentum indicator (Lazybear) and chart looks like Moderna will be falling this week (8% +/- 5%) I plan to accumulate on dips into the $19 area while looking at charts.
To confirm the formation of reverse head and shoulders, the nice symmetrical MACD and momentum swings with RSI reaching a bottom would confirm MRNA is poised to break through that 21.50 ish resistant after next week.
