MRNA into ERMRNA into ER looking to test/breach 400. What a tear it has been on if you caught it at optimal buy zones of the deviation channel.
MRNA trade ideas
MRNAMRNA shares continue to remain strong but are approaching RSI resistance at 78.6 level. Shares fell below this RSI level last week and are likely to back test this level. Historically, this level acted as resistance on several occasions, so there’s likely to be some reaction this time as well,
Moderna Receives FDA Fast Track Designation for Respiratory SyncMRNA: Moderna, Inc.
2021-08-03 09:10:00
Moderna Receives FDA Fast Track Designation for Respiratory Syncytial Virus (RSV) Vaccine (mRNA-1345)
Loosing momentumLooks like the impulse 3 of Wave V is in and we might now be looking for a Wave 4 correction based on the divergence seen in the RSI.
I dont have any postition in this yet but i did short BNTX as that has similar pattern.
strategy for MRNA friday 07/30/2021MRNA implied volatility is trending higher. Price to buy 352.00, but before we have a double top at price 362.00 and our entry should be 363.00 not before.
the next price at which we must sell is 350.00 below with the next double bottom at price 319.00 must be aware that mrna is bullish in its 5mn and 15mn time frames, and that we must enter once it has penetrated the 200 moving average in 5mn
MRNA - WARNING!! SINISTER SECRET LURKING BELOW! BULLS BE WARNED.CONFIRMING MY ORIGINAL SHORT TRADE IDEA FOR MRNA. THE 1HR, 2HR, 4HR AND 8HR TIME FRAMES ARE HARBORING A DIRTY SECRET UNDER THE HOOD OF THIS STOCK: SINISTER BEARISH DIVERGENCES BUILDING (MOST BULLS WILL IGNORE THIS AND ONLY FOCUS ON THE UPWARDS PRICE ACTION)...
BUT AS I LIKE TO SAY: "RSI DOESN'T LIE."
MATCH UP THE 2 LOWEST-LOWS IN THE RSI WITH THE CURRENT PRICE LEVELS DIRECTLY ABOVE ON THE CHART. YOU WILL SEE THAT THE LOW POINT OF THE RSI ON THE LEFT SIDE MATCHES UP WITH THE $240 PRICE LEVEL IN THE CANDLESTICKS DIRECTLY ABOVE IT...
THIS $240 LEVEL IS EXACTLY WHERE THIS STOCK IS HEADED. DO NOT BE CAUGHT OFF GUARD!! BEARISH SIGNS EXIST ALL WHO OWN THIS STOCK ON THE LONG SIDE WILL SEE THEIR POSITIONS GUSH BLOOD UNTIL OVER -$100/SHARE HAS BEEN BLED DRY FROM THIS STOCK.
IF YOU ARE A MRNA BEAR WHO CURRENTLY HOLDS A POSITION... YOUR SHORT IS ABOUT TO PRINT.
- COMMENT YOUR THOUGHTS AND OPINIONS BELOW! :)
strategy for MRNA Tuesday 07/28/2021MRNA presenting divergence with the 5mn bearish and 15mn bullish charts. we have the following price to buy 320.00 above
and our next price to enter below is 318.00 bearish continuity. note if the price opens upwards we will have a gap and go but, before we have a double top at the price 362.00 and our next entry will be only at price 363.00 not before
strategy for mrna Tuesday 07/27/2021MRNA implied volatility higher 69.7.
price to enter down is 361.00 for up to buy above 363.00. today mrna made a correction falling below the 5mn chart forming a divergence with a bullish 15mn chart,
If it opens with an upward gap towards the 361.00 zone, we wait for confirmation to enter the sale, observing that it does not touch the buy price of 363.00, this will make it change from bullish to bearish
Dark Cloud Cover on daily with Overbought RSI and Gap BelowThis is a second attempt at finding a short opportunity on MRNA after the first failed i have waited and i now see a new signal.
I expect that we will see a daily reversal in MRNA from here in respect to the Dark Cloud Cover candle Close we just got on the daily. At minimum we will see a reversal to fill the gap below but at the worst we will go all the way down to or weekly support level i highlighted in the chart.
MRNA Low Risk Short PositionMRNA is hillariously overbought, with stochastics, EMA's, bollingerbands, MACD, and RSI on the daily chart all showing prime conditions for a short position.
Here's the chart showing those indicators:
I am going to be watching this on Monday and throughout the week, looking for a short position entrance. I played it on Tuesday for a nice $50/ share short with similar technical indicators. Hoping to duplicate that again this week. Might go debit, might go credit, not entirely sure how I'll play this yet. IVR is somewhat high for a credit trade, and since they have earnings coming up, I imagine that will continue to increase. For that reason, a debit trade might be the winner here. That said, if IVR collapses, that will hurt my trade.
Still formulating the exact plan, but I am going to play MRNA short in some capacity.
I am anticipating a retracement to the $300.00 / level in the short term at $250.00 in the next few months.
MRNA Delta Variant PlayMRNA -- Delta has lead to a greater appreciation of vaccines
$MRNA might have vaccination boosters but not confirmed. If needed, it will positively impact the stock
MRNA - PARABOLIC SHORT SETUP!!THE ANNOTATIONS ON THE CHART EXPLAIN EVERYTHING.
BEARS HAVE TAKEN FULL CONTROL OF THIS STOCK, THE BULLS JUST DON'T KNOW IT YET!
"EXTREME GREED WILL BE REWARDED BY EPIC SUFFERING."
- COMMENT YOUR THOUGHTS/OPINIONS BELOW...
little shortcaught 150% on that first move down, let's see how far we could take this next one :^).
target = $266
potential to capitulate down to $228 with a proper catalyst.
$MNRA Short Entry SetupWe are presented with a great entry for a 23 point SHORT entry. Clear overbought signals and a volume divergence giving us an entry setup to go short from the current price levels with the first target of $300.
MRNA short after S&P 500 inclusionMRNA seems to follow a typical hypecycle pattern on the 15m Chart. I observed this pattern in ATOS in the last weeks on the 30min Chart and it ended with ATOS dropping like a rock. Keep in mind that just bcs ATOS dropped doesn't mean anything for MRNA.
I expect the same to happen to MRNA since it is just fundamentally completely overvalued and I doubt the hype will sustain much longer. But the market in 2021 is a crazy hype-driven meme market, so who knows what happens. Just an idea and no financial advisory obviously.
The risk I see is that the hype gets further fueled by news about more Covid outbreaks from the delta variant or from positive company internal news.
Just fundamentally seen I would make a share offering if I were involved in the management team of MRNA to take advantage of the very high share price compared to fundamental value, but I am not involved in the company, so who knows what happens.
I want to encourage the MRNA bulls to openly discuss their views here or in private messages. I am happy when you show me my current bear thesis is wrong and why.
Disclosure: I am short MRNA. So my views are biased. Pls do your own due diligence and hit your own decisions.
Possible Spinning TopPossible Top swing:
Yesterday's volume is 20x of the average of the most recent days!
retest 292 in this week is highly likely.
MRNA: The Inclusion Effect Explained.In most cases, the stock value increases significantly following the announcement of inclusion in the S&P 500 Index. This Phenomenon, also called the S&P phenomenon, may be explained by price pressure, downward-sloping demand curves, improved liquidity, improved operating performance, and increased investor awareness. However, in most cases, these price improvements are artificial and do not have a fundamental basis. Previous studies have indicated that price improvements due to the Inclusion Effect are usually wiped out after the stock joins Standard & Poor's 500 index.
Moderna rising wedge. The S&P cursePenn
Avgo
Etsy
Tesla
Penn and Avgo Rallied similar to Mrna after the announcement of S&P inclusion. Both sold of 20% within the first month of being in the S&P;Both sold off the day of. What we have here is an Old school by the rumor sell the news. On top that , Rising wedge formed on weekly. final destination outlined in yellow.
First target is Wedge top at 264
then wedge support around 230
I think we get a dead cat bounce at wedge support and a suckers rally back to 280 before the final fall .
Oversold On weekly and daily and monthly RSI
Money flow oversold.
3days outside its bollinger band
the only other stock even close to being this oversold Is TGT
Closing InWe are getting close to our $300 target. Given the momentum i wont be surprised it if does $340 as well.
mrna elliott wave analysiswhen the majority turns bullish, that is when i always go short.
inverse the majority, and you will usually make away with the loot.
this is a very high risk short setup, for a blow off top on this move.
downside target is around $240, but it could easily only get to $265 before continuation to the upside.
smaller sized play.
good luck!
