$MRNA Trade Idea for Santa Rally 12/21/20
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Bouncing off the 20 EMA and closing inside of previous bullish candle. If price breaks below 135 (purple box) = downside risk. Price action would drop.
However, I'll be watching to see how price reacts to vaccine rollout news pre market. Could form a "W" reversal pattern.
However, I'll be watching to see how price reacts to vaccine rollout news pre market. Could form a "W" reversal pattern.
Note
Nice price action out of the gate this morning.Trade fermée: cible de profit atteinte
Short target was reached. Once price broke below the purple box (as mentioned above) the move came quick! Great trade!!!
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