Ichimoku entry MRNAHey here's a company from the news on my humble scan! Nice volatility numbers too, should be good for a decent sized bump.
M1RN34 trade ideas
1/26 WATCHLISTif there is any indication that we are definitely in the final leg of a bull market, today was it. Everything was pumping euphorically at open across the board until the market showed us what a mid-euphoric pullback could look like, with the rug being pulled right from under us. A lot of names like TSLA did bounce back after, but it reminds us that its SUPER IMPORTANT to stay cautious in this environment. I am still bullish in the short term.
1/26 WATCHLIST
My trading style is intraday option trading - these are not swing levels.
MRNA calls over 147.5
BYND calls over 164.15
BYND played out perfectly from the watchlist I posted yesterday. It has a bit more room to go to the next supply at 168.25 and then 171 - let's see if it can keep the momentum up tomorrow
AI calls over 151/152
massive move today. 152 was a support level in December that has turned into resistance that AI has been trying to beat for a month.
TSLA calls over 887 or 900
MSFT calls over 230.2 or 233
Would like to see more tight consolidation underneath these levels but something to keep an eye on for the near future.
BTBT calls over 19
$MRNA Three black crows on the weekly. Looking like buying the rumor selling the news coming into effect. Looking to short the bounce.
$MRNA - consolidation periodBulls energy was not enough to break out over $130-131 resistance level; though intraday break-outs occurred.
Consolidation continues with retracement to lower $120-115 range.
Entering below the resistance is risky though. And the assumption above of course remains a hypothesis.
Therefore, I'm waiting for confirmation above $132 resistance with bullish momentum telltales.
Fundamentally, MRNA still is targeting $140 and $150 with momentum upside to $160.
$MRNA SWING Moderna has been one of the best traded stock in 2020 , jump from 28 $ to 180 $ then the share price fall to 105$ which is strong support level , Moderna has posted its outlook for vaccine production this year to 600 million Doses , they have outstanding products using the same technology Mrna which proven its efficacy and safety , its no doubt a hone run investments
MODERNA BUY SIGNALVolatility seems to be increasing, and it could be the starting point of a long term uptrend continuation.
If the chart will be supported by span B it is good to buyChart has some good supports in current area (span B, K9, RSI=50)
MACD had a cross under 0 (buying signal)
The kumo cloud is getting thin so if k9 & k26 will cross it will be a good buying signal
MRNA trade set-upModerna seems to be trading in a channel and respecting the trend lines as support and resistance.
Break below the TL1 will be a short sep-up with a primary target to 111 and below.
If the bounce holds we can see a run-up to the TL2.
Thank you for reading
*Just an opinion
MRNALONG-TERM: 4hr and daily hidden bullish divergence with a S/R flip, if it cannot breakout here, one could tighten a stop and look for a re-entry lower as long as the divergence continues developing. (Not financial advice)
MODERNA 240Bearish engulfing candlestick
Resistance at fib 0.382
Possible a small pull back.
Long-term target 225.00.
At a critical pointEither we will get resisted and drop down to $87 or we will breakout to form the new Up move. Wait and Watch.
ABC BullishPossible long entry 119.05/Long entry when price break BC leg in an uptrend so subjective..
Possible stop under C..A can not be below C..Target is D..
Possible T1: 172.5 191
Possible T2/Long term: 246 to 285\\
Be safe
Not a recommendation
$MRNA - energy gained to $140 - $150 - $160Classic case of fib level retracements
Target 1: $140
Target 2: $150
Target 3: $160
There are resistance levels to break between the targets.
RSI and MACD suggest there's energy to break towards target #3 prior to earnings.
Considering PEG, future outlook, product pipeline, news storyline and environment - MRNA has a good potential for 2021.
Earnings call will be critical milestone.
FINAL RIDE MODERNA UPDATEi've been following moderna since the major 3rd ew.
Since then, im more confident that moderna is undergoing for the final ride now : Major 5th EW
but we humans tend to make mistakes. lets just hope that this is correct & get proft from it
For this Major 5th EW, there will be minor EW within it (EW within EW) :
-as for now it's going to complete the 3rd EW
-i hope that the 3rd ew to complete around 164.30, but need to be careful once reach around
144.14
