MRNA forever fighting virusesViruses mutate and come in waves, so Moderna goes up in waves.by bry7110
Moderna about to reclaim bullish Channel. Short-Term-BULLISH! Not financial advice! With the new corona variant spreading fear all over the world, PFE and MRNA are running. I think it's possible for MRNA to reclaim the bullish channel, aka the Bull-Trap that broke down, when PFE announced the Paxlovid-med. I got in MRNA way to late, now taking a risky trade, since MRNA gaps like crazy, and there's always the chance that it'll brake down to be traded at skipped price-levels. I think one should watch out for PFE announcing Paxlovid being effective against the omicron variant, which could lead a lot of investors to switch to PFE. Today I want to see MRNA reclaiming the bullish channel at $377,xx and hold within this channel. From there on, it's more than a 30% ride to the top of the channel. But this stock has done crazy things like this in the past. Depending on how fast MRNA manages to reclaim the top, the price correlates with the last ATH at $494,xx. I think, if it manages to get back at the center of the channel, it will be rejected at the old resistance at $463,xx first, settle a bit and then trying to break the $500. My plan is to sell at $463 and then watch how things develop. But remember if, you're not in it by now, it maybe is bad timing to get in at this pricelevel. Risk is way to high, because of the gaps. That is why I marked this trading strategy as Neutral. Good luck in the markets! Again, this is not financial advice! by robvanhovenUpdated 2
Are Pfizer, Merck and Moderna Still Worthy to Be in Portfolio?Pfizer is now outperforming Merck and Moderna stocks after announcing its anti-COVID pill despite its shares not being the best option for investments in the first half of this year. Pfizer stocks gained only 35% since the beginning of this year until mid-August. Moderna stocks were skyrocketed by 375% for the same period. So, undoubtedly Moderna was the favourite. However, when Merck announced the production of its COVID pills, the shares of vaccine producers spiraled into correction. But Merck was not the one to get its COVID pills into the market. Its shares peaked up to $91.40 and plunged with a gap after Pfizer announced its even more promising COVID treatment pills. The company said clinical trials showed that hospitalisation and deaths were reduced by 89% when the pill is taken within three days of the onset of symptoms. So, this news from Pfizer came on November 5 and since then the technical picture for the above-mentioned three Big Pharma stocks changed dramatically. Pfizer shares are taking the lead while waving away all their August corrections and now they are close to the all-time highs at $51.86. If they are successful at breaking through this level, technical price acceleration may bring its stocks to $56.03 and $58.60 may be the next target. These levels could be a correction impulse to the decline from $51.86 to $40.94 per share. The nearest support level is at $47.70-48.80. As for Moderna stocks, the last quarter financial report hit them badly. Nevertheless, impulsive selloffs are now over as shares dipped to the important support level established in November 2020. So, now it is worth consider buying these shares. Corrections went into an ABC zigzag and shares are likely to return on the upside track. Initially, A and B waves were suggested to be equal, but now we see that the C wave is 161.8% of the A wave that gave us a decline to $225.85 per share. In my opinion Moderna shares have accomplished their correction and are close to the trend line of the last 12 month, and for that reason are an interesting investment. So, Moderna stocks may even be catching up to Pfizer. The nearest targets for Moderna stocks are within the area of $283-291 where EMA 21 moving average is located at the daily timeframe chart together with the resistance level formed by dips of July and October 2021. Moreover, at the $298 landmark, the resistance line of the downward trend that started on September 23 is located. If this zone would be broken the perspectives for Moderna stocks should be extended.Despite all these different technical pictures for these stocks, I would recommend holding all three stocks in your investment portfolio. Pfizer and Merck continue to compete in the COVID pills market while Moderna has a forward P/E ratio at 9, which highlights that the company is the cheapest among the Big Pharma biotech companies if compared with its peers sector performance. Longby scavoanastasiiaUpdated 3
11/29 - 12/03 | $MRNA | Watchlist #3$MRNA $308 or $300 bounce (If we get below then reclaim these levels, take a position for calls) Price targets: 308->310 300->305 Technical analysis: Bounce off pivot point around 308 area or bounce off psychological level at 300 Rationale: With increasing news of a new virus variant, vaccine stocks are rallying so there is built up potential for more momentum Longby MalcolmInTheMoney0
$MRNAModerna, Inc., a biotechnology company, develops therapeutics and vaccines based on messenger RNA for the treatment of infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and auto-immune diseases. As of March 9, 2021, the company had 13 programs in clinical trials and a total of 24 development programs in six modalities comprising prophylactic vaccines, cancer vaccines, intratumoral immuno-oncology, localized regenerative therapeutics, systemic secreted and cell surface therapeutics, and systemic intracellular therapeutics. The company has strategic alliances with AstraZeneca PLC, Merck & Co., Inc., Vertex Pharmaceuticals Incorporated, Vertex Pharmaceuticals (Europe) Limited, the Biomedical Advanced Research and Development Authority, the Defense Advanced Research Projects Agency, the National Institute of Allergy and Infectious Diseases, the National Institutes of Health, the Coalition for Epidemic Preparedness Innovations, Metagenomi, Inc., and Bill & Melinda Gates Foundation. Moderna, Inc. also has collaborations with Lonza Ltd.; Catalent Inc., Laboratorios Farmacéuticos Rovi, S.A., Recipharm, and Lonza Group; Aldevron, LLC; Institute for Life Changing Medicines; and AbCellera Biologics Inc. The company was formerly known as Moderna Therapeutics, Inc. and changed its name to Moderna, Inc. in August 2018. Moderna, Inc. was founded in 2010 and is headquartered in Cambridge, Massachusetts.Longby BADQOMOCAWGOWLD4
$MRNA Trade Idea$MRNA had a really nice gap up Friday morning in premarket. Made a really nice move to the 350sh key area and consolation for the rest of the day. We also saw a ton of call flow coming in for the 380s 390s and 400s and even the 500s. Looks really good for a bounce or above 350.50. $MRNA "Hi Alert" Entry: 350.50 Targets: 354,360, 362.50 Stop Loss: 15%Longby KyleTrades860
Hmmmm following the levels nicelyHaven’t opened up the chart for MRNA since it was around $400 these inverse fib levels are playing out perfectly though. Needs to claim $346.44 or hold $314.67 break below that and maybe catch support around $294. Below that it can get ugly again. So much uncertainty in the market right now. A lot of things(Covid plays) popped Friday based on the severity of the new variant. If the market decides that was unnecessary those plays could give a lot back. by jmorg330
MRNA D1 LongReason for buying: 1. Price breaks the trendline 2. Big volume. 3. New variant of Covid news. Entet the trade right after the market open on Monday.Longby Supply-Demand-Trading-Channel114
MRNAwaiting to retrace and long ...........................................................................Longby hngng_anhs113
Moderna stock bounceWhat is causation and correlation? We can see that this stock was heading down and perfectly hit the .618 fib. Then the stock needed an extra boost, so come Nov. 26th they "release" news about a new variant to help prop up the stock. When you can control the news, narrative and fear you move markets and money. The added suppression of negative vx news, this helps keep this stock moving up so that it continues to fill the rich pockets. Either way a bearish divergence is occuring so lets continue to follow the charts, news and see where money moves.Shortby Morbius_Murphy443
MRNA is heading higher, hold it tight MRNA is heading higher, don't sell, hold it until 520, we may get it by Dec 20th, 2021, next resistance is 376.Longby asifmatin2
MRNA good time to go Long!?MRNA : formed AB=CD pattern. Seems like price reached bottom and ready for up move. Longby yvgoudarUpdated 8
MRNA: Momentum MonsterMRNA: Pure momentum monster leading the index today with a move +25.83% while the market touches new lows. The +66 pt move brings it back to a key level of its 50SMA and critical re-establishment on previously auctioned price shelves. MRNA holds its upside contingent on variant mutation news & uncertainty// ATR: 17.73, Beta: .1482Longby GroundNinja5
2nd Win: Moderna's Monster Move, +47% Over 11 Days2nd Win: Moderna's Monster Move, +47% Over 11 Days This is the 2nd time I've managed to play MRNA successfully 1st, with a move from $169 to nearly $500 in May (see attached) - then again a few days ago on 15 Nov. For more real-time insights and trade ideas get in touch today. by LD_Perspectives665
Moderna up again!Hi guys, I think Moderna will go up again and get a trend change up. Today Moderna breaks out of the trenchannel and the rsi has also potential for going up. If the chart goes over the EMAs than it get also from them supported and have a good chance to go up again. what you guys think?Longby Kriegerapoollo3
mrna longwe have a gap up very strong, two scenarios is a easy continuation from the open or bouncing from weekly high (cyan line).Longby vik0q0
Analysis mRNA price volume divergence- mRNA has a volume divergence in 15 minute charts time to shortShortby HNG911111
MRNA ShortLooking for 5th wave down in basic EW setup. Puts expiring middle to end of December.Shortby fibtastic51
Moderna (MRNA) Swing Trade IdeaModerna broke trend to the downside, so long term view is more likely a short rather than long. As illustrated in the chart, I wouldn't short at current prices, but around the red level I have drawn. The trade is invalidated if it closes above the red zone with high volume. If it closes above it but on low volume, it could be a fake out with the following candles closing below it once again. The red zone at the very top is the next resistance zone if it does get through the first resistance zone. Please disregard the overall timeframe estimate, it can take longer or shorter for this trade to play out, but the move is the general idea.Shortby wallstreetnomadUpdated 333
Break and Hold Over 248.50If we break over and wait until confirmation then we could see the gap fill to 280!!Longby Shanedurand518Updated 3
Moderna: +18% Over 4 Days - Bank Trade HereModerna: +18% over 4 days. Testing $274,84 today. Bank Trade Here Original Idea Attached. by LD_Perspectives3