strategy for MRNA Wednesday 09/22/2021(MRNA buy price 440.00)
(MRNA sell price 432.00)
strategy: once the opening is above the buy price we must wait for the break of the double top 446.00 447.00 should not enter, first we must wait for it to retest towards mv 9 or 10 period, if everything goes well our first profit taking will be in the area of 664.85 possible up to 497.49 both resistance zones.
our bearish entry: it must be below the sell price and both mv 200 on a 5mn and 15mn chart. Do not anticipate until there is a price crossing with both mv 200. If everything goes well we will quickly take gains in the demand zone 413.30 and 407.00.
Note: trader do not always forget to place the supports and resistance when the action is within the pre market, this is very important this can help us to take a better entry once the pre market area is penetrated
