Moderna
MRNA Moderna vs PFE Pfizer | Head and Shoulders patternIf you haven`t longed Moderna with me from here:
Then you should realize that the head an shoulders pattern on descending volume of a company that worth 53.402B, but has 747Mil negative earnings for 2020, may lead to $100 per share.
On the other hand, undervalued, it`s Pfizer , which has the same amazing results with the vaccine, lots of medicine in the portfolio, a market cap almost 4 times higher, 198.973B and positive earnings of 9.62Bil. The pay also great dividends, btw, 4.38% DIV YIELD on a decent 20.82 P/E ratio .
If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
MRNA Upside PotentialModerna has been forming a hidden bullish divergence for the past 5 months (clearly seen on the daily chart, will also post a screenshot in the comments). On the macro-level, we can see a pennant forming with strongly confirmed resistance and support. On the micro-level, we have a clear cup and handle, and currently the price seats at the support of the handle, in 3h demand, and also at a strong key level 135-136, that MRNA always reacted to in the past.
If Moderna confirms the cup and handle by breaking the resistance, would love to add to my long position. However, if it can not hold 135-136, will look to exit and reenter at the macro support ~129.
*The idea above is my own opinion and does not serve as any kind of investment advice. Please do your own due diligence.*
Downward channel breached. Consolidation before uptrend.NASDAQ:MRNA The price has tested the 112.60 - 113 support level after consolidating at the 0.618 fibonacci level. As the price moves further and further away from the downward channel and as price takes support on the 50 day EMA on the daily and hourly chart, I think it can continue it's up-move as more bulls gain confidence.
In hindsight I think I've identified a head and shoulders pattern at the top, right after the high, the head peaking at about 170. After the neckline was breached, the downward channel began forming, as investors pulled their funds because the sales and performance of vaccine was a risk factor and better cash out when the hype was at its peak, and this drop was further accelerated by fears of new virus strains and end-of-year selling for tax purposes and to take profits.
Now the stock price has likely bottomed out, since the next lower level of around 95 was not reached and price is stabilizing. Moderna will have to prove it can uphold its promises and successfully bring some of its pipeline into production, for the price to reach the highs again and beyond. The billions of cash flow is a great start.
Let me know if you agree or disagree with my analysis.
Moderna testing 70$ Moderna has benefit a lot from COVID time and coming with Vaccine is huge win lining the way for more products with mRNA tech , breaking 70$ it may go back up with good news on test results that, so far no major side effect found i hope they make success , this will justify easy 130$
US100 Nasdaq EEUU US500
I hope they are well. From L.E.D we wish you a Happy and Prosperous New Year, and good health !!!
In Spain on 01/04/2021
Moderna (MRNA) Bounce ComingApproaching 200 MA
Gap filled
Oversold
Revenue will sky rocket with all of the vaccine orders
MACD is improving
Yes its pharma, yes it looks like a dumpster fire and we cant trust them BUT I can't help it. I see a bounce form $95-105 range to $135-155 range if not back to ATH after all the vaccine orders materialize in actual revenues. We might still dip more but keep a close eye on it. We dont even have to worry about technicals, Fauci and the boys will pump this up.
MRNA Moderna Hello receive a cordial greeting, and a thriving 2021 our wishes are that 2021 will be a fantastic year in all aspects for all people.
We believe that this action has a great bullish journey based on Technical and Fundamental Analysis
In the short term adjust your stops as it remains in a bearish structure, butv for the medium term has good bullish goals.
Greetings and best wishes for 2021 L.E.D
In Spain as of 12/31/2020