Blog
Moderna Inc.
- 2021-09-07
- Traiding Idea
Moderna, the American pharmaceutical and biotechnology company, has experienced a sharp rise due to the production of Covid-19 vaccine. In fact, the stock's price has increased tenfold since last year.
Technically speaking, the price is breaking above a triangle pattern and this makes this an appealing opportunity.
Summary:
Entry point: 410-416
Stop loss: 360-388
TP1: 470-468
TP2: 560-550
Entry condition: The breakage of the triangle pattern
Status: Active
