Bullish wedge coiling up; bird flu incoming ?

1. Over the past year moderna is down 85% and from its pandemic highs, down 90%+ so simply that alone tells you the stock is quite cheap and beaten down. It is currently trading at 2020 levels as if a world changing pandemic never happened.
2. Moderna is currently trading around its book value once again highlighting how cheap it is.
3. From a trading perspective, a bullish wedge has formed over the past 7 months which looks ready to breakout and of course, if and when it breaks out, it'll be a one sided explosion.
4. Sentiment in the entire vaccine and biotech space is extremely pessimistic, but that is how bottoms form !

Most importantly, the stock market looks like its ready to start another leg lower, meanwhile moderna and other vax stocks look ripe for a breakout so maybe a bird flu catalyst could be coming very soon !