MRNAD trade ideas
MRNA consolidating?MRNA right now is consolidating since is hasn't gone out of the price range $97-102. After this consolidation is over the price is heading down. On the RSI where I circled you can see it is dropping giving a early indication that it was overbought and going to drop in price. PLEASE LEAVE A LIKE OR COMMENT ABOUT WHAT YOU THINK.
$MRNA Moderna $120 Fibonacci target
Moderna has worked off the overbought conditions and
may be ready to take the next wave higher.
Possible Bull-flag breakout after bouncing off previous resistance.
$100 is major psychological resistance.
$120 medium term target.
Stochastic reversing & RSi room to run
Cup and Handle Be SafeAnd another Cup and Handle Pattern
Can be volatile so beware/a very news dependent stock/but no worries for now/according to the media we will all be dead by Christmas
Trade safely
Stop under handle low or mid cup
Just an observation
NV is extremely low. I would imagine smart money bought this a long time ago (NV slacked off to nil at around 18 to 25 dollars)
OBV is high/Positive volume/PV is high
Positive volume represents those who buy on up days which is usually the general public
NV (negative volume represents folks who bought at the low or on down days.) NV kicked in a small amount when price was threatened at 43ish/Smart money does not buy here, but does not mean the trade is over...Just means be careful because they have already made a ton of money and will stick you with the losses at the top. If you got in this a long time ago..then you do not need to be so careful (o:
On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price.
MRNA Moderna vaccine 94.5% effective in Phase 3 trial!This was my previews post about Moderna:
The indicators are still bullish. The price of the stock grew 5X since the beginning of the year.
11/16/2020 Oppenheimer Boost Price Target ➝ $157.00
11/16/2020 Piper Sandler Boost Price Target ➝ $166.00
The traditional method of creating vaccines – introducing a weakened or dead virus, or a piece of one, to stimulate the body's immune system – takes over a decade on average, according to a 2013 study. One pandemic flu vaccine took over eight years while a hepatitis B vaccine was nearly 18 years in the making.
Moderna's vaccine went from gene sequencing to the first human injection in 63 days.
Moderna and BioNTech, for example, are also applying mRNA technology to experimental cancer medicines.
BioNTech's vaccine, for example, must be transported at minus 70 degrees Celsius, though Moderna said on Monday it can ship its candidate in normal refrigerators. (Reuters)
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MRNA SnapbackMRNA has had a huge run up on anticipated vaccine news, now that the news has hit the sell off will commence. It is completely beyond the bands of being overextended and overbought. I expect a quick 1-3 day snap back on this down to more Average true range levels around 90 area.
MRNA , MODERNA INC ..its time to sale!! it gonna see a big downturn today !!
and its really difficult to climb back up again ..
don't miss the change today .
MRNA breaking out on vaccines breakthrough.Moderna says its vaccine is 94.5% effective in preventing COVID-19
Reuters
Moderna says its vaccine is 94.5% effective in preventing COVID-19
Julie Steenhuysen and Michael Erman
Mon, November 16, 2020, 7:58 PM GMT+8
By Julie Steenhuysen and Michael Erman
Nov 16 (Reuters) - Moderna Inc said on Monday its experimental vaccine was 94.5% effective in preventing COVID-19 based on interim data from a late-stage clinical trial, becoming the second U.S. company in a week to report results that far exceed expectations.
Together with Pfizer Inc's vaccine, also shown to be more than 90% effective, and pending more safety data and regulatory review, the United States could have two vaccines authorized for emergency use in December with as many as 60 million doses of vaccine available by the year's end.
Next year, the U.S. government could have access to more than 1 billion doses just from the two vaccine makers, more than needed for the country's 330 million residents.
The vaccines, both built using new technology known as messenger RNA or mRNA, represent powerful new tools to fight a pandemic that has infected 54 million people worldwide and killed 1.3 million. The news also comes at time when COVID-19 cases are soaring, hitting new records in the United States and pushing some European countries back into lockdowns.
"We are going to have a vaccine that can stop COVID-19," Moderna President Stephen Hoge said in a telephone interview.
Moderna's interim analysis was based on 95 infections among trial participants who received either a placebo or the vaccine. Of those, only five infections occurred in those who received the vaccine, which is administered in two shots 28 days apart.
A key advantage of Moderna's vaccine is that it does not need ultra-cold storage like Pfizer's, making it easier to distribute. Moderna expects it to be stable at standard refrigerator temperatures of 2 to 8 degrees Celsius (36 to 48°F) for 30 days and it can be stored for up to 6 months at -20 degrees Celsius.
Nothing to do if the price is hitting highsIt is necessary to wait for the price to fall back to look for an entry or wait for the price to break the high forcefully and then look for a new scenario to continue the upward trend
Moderna w. Too earyl to go Long. Wait 80$ on correction or lowerMonthly
Uptrend due to Covid
Weekly
In range
I do not see strong uptrend confirmation by volume and price formation.
Dai;y
Work with tight SL since it does not look like as strong uptrend.
Open 82 only on pullback
SL 77
TP 95
Moderna leading healthcare outperformanceIn our Monday pre market newsletter, Flight Path, we highlighted the healthcare sector as showing signs of outperformance. We talked about PFE, MRNA and the less popular NVAX. Novavax is still in its “NoGo” trend, but continues to ride the zero line on the oscillator. We will watch that closely.
Both Pfizer and Moderna saw nice jumps in price after the good vaccine news this week and are now in new “Go” trends. PFE has since pulled back a little and we will look to see if it can find support on the GoNoGo Oscillator at the zero line to maintain the trend.
The chart of Moderna, above, has seen a sustained move up since the beginning of the week since re-flagging a “Go” trend.
This recent rally has been accompanied by heavy volume, as we can see in the dark blue of the GoNoGo Oscillator. Momentum is now quite overbought, so we will look to see if price will pause or if it can continue to forge higher.
TT Blackbox $MRNA Bearish Swing TradeGreen Line - Entry Target
Red Line - Exit Target
Pink Line - Stop-Loss
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Will Moderna break 86.7 resistance?Will MRNA break 86.7 based on it's Covid-19 vaccine work?
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Moderna Stock Analysis - MRNAPrices are moving inside the channel - the best option would be to hold.
It is too risky to go long now, but it seems that the probabilities that the price will go up are higher than it will go down.
MRNA Moderna Cup and Handleplenty of news coming up for this name. has all the catalysts coming, phase 3 results, filing for emergency approval and emergency approval itself. just needs the volume to go higher and retest ATH maybe in December
$MRNA going to be crazy .. LIKE follow and re check after 1month$MRNA going to be crazy .. LIKE follow and re check after 1month ..
Not gonna see a word about Target or stop loss .. It has the possibility to dumb too ..
But i really really know where this girl is going ..
I'll bump this post later.
