Puts tradeBought puts. Is a little risky bc it can break up. But I like this stock options, are very liquid and there are not expensive.
4MRNA trade ideas
$MRNA - Possible ReversalNASDAQ:MRNA Is basing inside descending broadening wedge and starting to break out.
Both RSI and MACD is displaying bullish divergence. $126 - $127 is POC resistance and breaking above that area will be bullish.
Notice that the stock is in Stage 1 bottoming process. So it has a lot of room to run. I will be building a position in the coming week.
Targets - $160, $180, $210
Risk - $100, $60
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MRNA // Falling Wedge at DailyHello Folks,
We can see Falling Wedge pattern clearly at MRNA with RSI positive divergence.
I consider it important that this image is formed at a significant level of horizontal support.
As a condition to enter the position, it would be reasonable to wait for the formation of a new high.
$MRNA: Time at Mode Trend signal fired$MRNA has bottomed recently, and has been trending logically in the daily timeframe, we have a 2nd signal forming here, continuing the uptrend that kicked off on March 13th.
Upside can be substantial given broad market action, so I suggest to get involved with the stock (and likely also $PFE soon) here.
Best of luck!
Cheers,
Ivan Labrie.
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
MODERNA $305 | Bidding at $220 and $150 Informed Players and speculators at Sub $100 levels are booking gains
we wait for additional drwadowns and re accomodation ACCUMULATION of designated Bankers for the next run up OR cycle
Vaccine COViD was intense HiV was the sell on News..
we await next Drama and Biden Policy on Healthcare etc..
for now Watch or Chrun at key leves (eyeball the box)
Profits Over Patients: The Morally Complex Realm of Big PharmaThis strategy dissects the dual nature of big pharmaceutical firms like Johnson & Johnson, Pfizer, Moderna, and Merck & Co viewed through base Fibonacci Extension Clustering. Despite big pharma's significant contributions to healthcare, these firms have benefited from questionable practices, including price manipulation and exploiting addictions . Price manipulation is a notorious strategy where companies arbitrarily hike drug prices, often without any significant improvements in their efficacy.
"Big Pharma" has faced backlash for allegedly contributing to the opioid crisis . By aggressively marketing highly addictive pain medications , they may have exacerbated a public health catastrophe, leading to thousands of deaths annually.
Such practices illuminate the immoral landscape of the pharmaceutical industry. While these firms play a vital role in global healthcare, their business tactics often prioritize profits over patients, demanding a closer scrutiny of this sector's ethics.
1. Johnson & Johnson (JNJ): Around $440 billion
2. Pfizer Inc. (PFE): Around $240 billion
3. Moderna Inc. (MRNA): Around $110 billion
4. Merck & Co., Inc. (MRK): Around $200 billion
TOTAL = 1 Trillion
MRNA Short with resistance at 145.50I plan a short trade ( NASDAQ:MRNA ) at 144.41. The entry is just before the resistance zone at ~145.50 which is also confirmed by the Fibonacci 0.5 level. At 146.69 is the stop loss placed so that there is enough space to breathe. The take profit is very conservatively placed at a risk-reward ratio of 1:1.
MRNA ? Buy Weakness MRNA descended this past winter off a head-and-shoulders pattern on the daily chart just under
the demand zone as shown by the LuxAlgo indicator. Price is now in a downtrend heading into
earnings tomorrow. MRNA needs to show something good otherwise it will break through the
demand zone and keep going down.
This is a risky earnings play betting that something will show up on the report to buoy up the
company and its stock. I will risk 0.01% of the trading account on a call option with DTE 5/19/23
looking for a minor surge and so a good quick profit.
( see also the link below)
Moderna Very Bearish (Pt 2)Part 1:
The136.50 target was hit and Moderna is now resting at a critical neckline area which bulls have defended for quite some time. I expect a small bounce here but ultimately, a break of this level and a spill much lower. View of the weekly chart below:
This is a head and shoulders within a head & shoulders playing out. It would be invalidated if MRNA can retake the 20 weekly moving average (165.32) and flip it to support.
Bearish price target: 73USD!
Moderna to 136.50I will be looking for a short tomorrow on any bounce.
Bearish marubozo daily candle with a rejection of the 200DMA, cutting through the 50DMA(green) then 20DMA(yellow) like butter and on monster volume. Not good! High probability of downside continuation tomorrow & the 20 + 50 DMAs will now flip from support to resistance.
Downside price target: Major area of support/confluence at 136.50.
While this is in my opinion the most probable scenario, let's scenario cast a few others:
Potential bullish scenarios (neither which is likely to me!)
1.) A gap-up tomorrow then tight trading range day creating a bullish harami.
2.) Further initial continuation tomorrow followed by bulls pushing back hard creating either a hammer or pinbar daily candle signaling a potential bounce to the 2 major moving average resistances.
MRNA Bullish reversal might be MRNA has been in a bearish trend from quite a while but now it has started to move back up
Its following a very good resistance trend retest . The recent drop was due to bad news but it should be back on track soon
According to FIB after crossing 176 the bullish reversal will be confirmed
Entry @ 176
SL 170
TP after 202+
MRNA is going to dump now / where to buyMRNA is not looking too good.
What we can see is a weekly bearish engulfing candle after clear rejection from the upsloping resistance line. Rejection was nasty therefore we're seeing instant follow through.
You can short it now with a final target at the support which is the entry for longs too.
At the support, flip bullish and take a long position. The target is at the key resistance shown on the chart.
If you short now, pleace a stop loss at 219 - 220 $
Good luck
