MRNA trade ideas
Moderna nears FDA approval - what's next? #MRNA got a positive report of FDA expert commission on its covid vaccine today.
Committee meeting is scheduled for Thursday and vaccine approval may be granted starting from Friday.
It's going to be the most expensive vaccine of all so the sale numbers won't be of a global scale.
Way up to $200 for the #MRNA stock is technically pathed through the correction at $140.
MRNA Blow Off Top ConfirmedMRNA broke out of $100 hitting $178 within 4 days on high volume and multiple gap ups. This is significant evidence of a blow off top. Afterwards, we printed a daily bullish engulfing pattern then corrected upwards for 5 days before printing another daily engulfing pattern. The target is $100, which completes the blow off top move and the 1.618 extension of the Wave A move. Blow off tops have sharp moves and just as sharp reversals. I'd expect to see $100 by next week.
MRNA closely respecting fib retracementToday MRNA broke trend as the triangle price action (in yellow) squeezed in consolidation when the markets corrected. So far, the daily chart has been responsive to its fib retracement, most recently finding support at the 38.2% level of 147.66. Based on the sector I remain bullish, with support at 147.66 and resistance at 159.20 (the latter which was proven intraday and AH). If the price can cross this then next resistance is 177.85 at its recent 52 week high. If there is a selloff tomorrow next support is at 143.25 (in red).
mrna short the news?Very apparent, high volume rejection candle and buying pressure is dying up the wall of worry. To support we go?
looking to short $MRNAI don't feel the hype about vaccine play. The big drop gives me confidence that this stock is overhyped. Looking to short
Moderna Stock Analysis - MRNAPrices are moving in a bullish trend (very fast/very steep)- the best option would be to hold and wait the end of a possible price retracement/set back before going long to reach the target price of 180 USD.
NASDAQ:MRNA
MODERNA INC. BULLISHA potential outbreak to the upside on MRNA to complete wave (5) of ((3)) before correction to the fourth wave (4).
MRNA Fibonacci AnalysisWith MRNA looking to be a successful vaccine, I'm putting MRNA price target of 227.90 of course with an exit around 225. Looking for a breakout of the symmetrical triangle for entry tomorrow.
Will Moderna save the world ?We don't know if the hype is over around MRNA.
It has probably finished its 5-wave impulse and will need to settle down in correction.
There is support zone in the range 87-103 formed by previous price highs and some Fibo levels as seen on the chart.
From the fundamental point of view we could compare Moderna with some other biotechs: AMGN, GILD, VRTX, REGN, ILMN, BIIB.
Their P/S ratios (Price to Sale) are in the range from 3.50 to 14.50.
Big names like GSK, PFE, MRK make 5-7bn in all vaccine sales per year.
If MRNA makes $2bn in sales, at P/S=15 their Market Cap should be around $30bn --> $77 per share.
SHORT MRNA $150Shorts in at $150 gl bandwagon pump and dump scam MRNA.
Give it a few days until the negative news start piling.
Mr krabs
$MRNA$MRNA had an amazing run and finally cooled off at ATH. It has the potential to touch the $130.55 mark and retrace back up. It's over extended and will come back inside the Bollinger band in the next few days as it consolidates.
+150% profit ! Do i know the Top ?
Amateur traders with inflated "EGO" try to guess bottoms and tops to feed their " Need to be right "fake" pride " .
Pro traders take the meat of "EACH" move and hunt another dear .
MODERNA IS ON FIRE. UK Secures 2 Million Doses From Moderna I predict MRNA stock will climb at least another 100% before Christmas due to its Covid vaccines. MRNA - bullish throughout 2021 as the world is waiting for vaccines.
- Moderna asks health regulators to authorize it’s COVID-19 vaccine
- Moderna files for U.S.vaccine authorization, will seek EU nod
- UK secures 2 million doses from Moderna
- The world is waiting to take vaccine to go about their lives
Please feel free to leave your thoughts or comments.
*Always invest with caution ⚠️
Ridethemacro | $MRNA Buying Opportunity (near Term) Target $200Trade Analysis Based on Price Action & Fundamentals Analysis.
With Risk Management you Will Never loss
Thank you
Moderna says they have a vaccine, ask for emergency approvalModerna announced today it would request the United States & Europe an emergency authorization for their vaccine. If my sources are correct.
As usual most of the mainstream media are unable to relay the information correctly, according to them the demand has already been made some posted at the same time say "will", and some only mention the FDA (the US one).
From their own site: "FDA has told Company to expect VRBPAC meeting for mRNA-1273 likely on December 17, 2020"
investors.modernatx.com
The FDA is the very competent very legit administration that authorized the Redemsivir after all of the final results (showing how bad it was) had been published, reviewed, circulated...
"These risks, uncertainties, and other factors include, among others: the fact that there has never been a commercial product utilizing mRNA technology approved for use; the fact that the rapid response technology in use by Moderna is still being developed and implemented; the safety, tolerability and efficacy profile of mRNA-1273 observed to date may change adversely in ongoing analyses of trial data or subsequent to commercialization; "
"In some cases, forward-looking statements can be identified by terminology such as “will,” “may,” “should,” “could”, “expects,” “intends,” “plans,” “aims,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. The forward-looking statements in this press release are neither promises nor guarantees "
Sell hype, but hey, make sure you are covered.
The price gapped by 13%, went up 4% 2 minutes after the announcement, is up 50% in the last 3 days.
Moderna investor news release is 50 lines long. Investors of course also read the latest 10Q published the 30 October available here and 400 pages long:
investors.modernatx.com
Impressive! These investors are very fast readers!
"We are expending significant efforts to further the rapid development of this potential vaccine and expect to continue to do so over the next 12 months."
Authorized and distributed by december? 12 months? Distributed, maybe obligatory, still in development? These words should not be in the same sentence.
Hey maybe I am just a plebe and it is typical for this to happen, I really need a medical advisor at some point. Dad! He sells pills and vaccines for big pharma, perfect candidate.
If (jk there is no if) - When I get rich I will need advisors in all areas I just cannot deal with that much info and misinformation, and correlations, and risks, and so on.
Hey and rich people will be able to afford real science and real medical treatments while the plebes get the untested vaccines with coinflip long term effects.
They are turning healthcare into a consumer thing, it is not about healing the sick but distributing (for a cost) supplements and medications and prevention vaccines to everybody.
I do not know if this will, or can, continue. Medical doctors are against (I think) turning the population into drugged zombies. The sheep well I am not sure about the sheep, I think the "silent majority" just obeys and follows no matter what - this is what they have done for all of history.
If they make progress to sell products to make people that go into old age have better quality years then it could work out but still not sure because those that cannot afford it are not going to accept this, people see healthcare (at least today) as a basic human right.
Anyway let the fomoers and gamblers fomo and gamble, I strongly think this is very very early, and the worse the greedy corporations and their liberal-bourgeois buddies in governments behave (how they handle this vaccine for example), the longer it will take for people to forget and the biotech bull market / revolution to comeback and go up. People have goldfish memories so it won't take an entire lifetime either, 5 to 20 years to complete a bear market then start an uptrend. Well too many variables, we will see later, for now we observe and wait. Let's see what happens with this new tech.
