jangseohee

Downtrend Continuation for $MRNA :-)

Short
NASDAQ:MRNA   Moderna, Inc.
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

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.