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...
Not financial advice!
We can clearly see the ascending channel of this stock. Even though the stock is running for quite some time now, I don't think it will actually stop before we see $54,XX.
After last earnings the stock gained about 20% and reached the top of channel after 14 trading days. From my point of view, since the last earnings reported were even...
not financial advise.
Beside the insane short-interest and the possibilty of a short squeeze:
The Stock affirmed all important support/resistance lines of a Wyckoff accumulation. If this theory holds, we may touch double digits Jan/Feb '22
We have a classic triangle and a strong support line underneath. Go long at support, or now (risk 6$ a share) if you don't want to miss a possible breakout.
