M1RN34 trade ideas
MRNA short-term Vaccine playToday it seems like moderna breakout from bull flag, but a relatively mediocre volume and slight rejection of the higher price does not indicates much of an impulsive upward due to vaccine-hysteria.
Enter the trade? Maybe I would only consider a short-term play, but without insider information on vaccine progress/news boost, I advise you to be cautious.
PS: Please post your views on the long-term fundamental potentials of this company in the comment section, Feel free to leave a thumbs up or down
This is not investing advice, please seek professionals, personal ideas worth sharing
MRNA seeing greenReady to pop? Briefly broke through resistance and tomorrow maybe the day. I think the Regeneron / Trump news has kept this stock from jumping, but check out the interview with Moncef Slaoui "Trump's Vaccine Czar says the first vaccine should be submitted for emergency authorization around Thanksgiving". The interview suggests that these vaccines will be RNA vaccines, otherwise MRNA and BNTX/PFE approvals. Moncef was on the board at MRNA before he began work for the Administration's Operation Warp Speed.
MRNA: You Would Not Want Better Than ThatFalling Wedge
TP1 = 71.72 expected increase 5.59%
TP2 = 73.85 expected increase 8.88%
TP3 = 76.70 expected increase 12.88%
TP4 = 81.18 expected increase 19.33%
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My two cents on my most profitable traded stock this year, MRNAI have traded MRNA more than any other stock. Even if you lack the experience and know-how of trading, following some basics trends will give you a high winning percentage with this stock.
1) Finding the premarket high and shorting the stock close to that gives you about an 85% chance of a 50cent-$1 move before market opens.
2) A lot of the news on this stock is old and reused. Today for example there is news that seniors exhibit very few health issues with the stock. This is old news.
3) With every single run up including the first major one close to $100 a few months back, MRNA has flushed 100% of the time with no ability to maintain the premarket levels.
MRNA HOLD BULLISHI am not swinging this one, even though it is tempting.
I recently sold NVAX at 15% profit, and due to strong correlation with MRNA I was considering selling my MRNA as well, in which case I would have made 14% right now.
However, I decided to hold because of 2 reasons :
1) AstraZeneca just took a major hit (if you don't know about it, catch up on the news). This takes out a bit of competition and investor fund distribution might come this way
2) MRNA shows a strong uptrend with good momentum, and that is mainly why I will HOLD it for longer term.
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Thanks, E