Moderna, Inc.Short
Downtrend Continuation for $MRNA :-)
The hype of elixir ability of mRNA vaccines by Moderna has reached a peak in Aug 2021
Price reached as high as 500 dollar.
But it turns negative after that.
after a massive plunge, price has been consolidating between 118 - 208 for more than 1.5 years, it looks like price has been hovering around 118 to go lower.
If the downtrend continues after the consolidation, chances are high that in the next 1.5 years or so, price will fall back between 50 - 80
I am prone towards more downside, although i could be wrong
This is just my own research and should never be construed as buy or sell call
Price reached as high as 500 dollar.
But it turns negative after that.
after a massive plunge, price has been consolidating between 118 - 208 for more than 1.5 years, it looks like price has been hovering around 118 to go lower.
If the downtrend continues after the consolidation, chances are high that in the next 1.5 years or so, price will fall back between 50 - 80
I am prone towards more downside, although i could be wrong
This is just my own research and should never be construed as buy or sell call
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