Moderna (MRNA) ... Time for a shot in the Arm ?
Moderna (MNRA). This is a potential long trade if it reaches my area of interest in my PRZ (price reversal zone).
A nicely formed ABCD formation together with a Harmonic Crab / Alternate Bat (depending where X starts), come together in the mid to low $160s.
(This also happens to come full circle to the recent December 2022 low.)
This together with positive momentum hopefully sets up one or both of the targets objectives.
I wouldn't chase this and beware of broader markets.
Earnings are expected Feb. 23rd at $4.70.
As always DYODD.
I will monitor
S,
A nicely formed ABCD formation together with a Harmonic Crab / Alternate Bat (depending where X starts), come together in the mid to low $160s.
(This also happens to come full circle to the recent December 2022 low.)
This together with positive momentum hopefully sets up one or both of the targets objectives.
I wouldn't chase this and beware of broader markets.
Earnings are expected Feb. 23rd at $4.70.
As always DYODD.
I will monitor
S,
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Still waiting on this...
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Into our reversal zone ... now we need a positive market and an upwards momentum shift
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An update: