There is literally a sad pattern on this chart, how cool is that?! lol Check out the double top (eyes) and a mean MACD, which every time it turns red MRNA takes a deep dive.
The earning call is coming up too, and I have a feeling that people are not going to like it and would probably get sad too. Moderna's vaccine is going okay but I've heard mixed stories about their CEO and their companies fundamentals.
About this sad face, the square in the middle is a resistance area so it's not just a nose! And the lips show where this "M" is probably going to end up settling down.
Honestly, I was going to wait for confirmation but this chart just looks way too interesting, so I thought I'd just post it for fun. I'll probably get a few puts too just to see how things are going to turn out!
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*support (at the nose)
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here she goes!
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Oh, man! it just formed a tear too! ;(
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The support at the "nose" saved the day! Let's see what happens tomorrow.
Trading ditutup: target tercapai
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Sold at the first price target at the nose! No longer bearish at the time.
Regardless of what happens in earnings this will be at 250 by end of Q2.