Nov. 14 at 3:59 AM
$MRNA: The last close at
$24.96 indicates a position below both the 30-day moving average (MA30) of
$26.33 and the 50-day moving average (MA50) of
$25.93, suggesting bearish sentiment in the short to medium term. The RSI of 44.05 indicates neutral momentum, providing no strong signal for an immediate reversal or continuation.
Given the 60-day high of
$29.45 and low of
$23.04, the current price is closer to the lower end of this range, which may present a potential buying opportunity if it holds above support.
Suggested entry:
$25.00, with a stop loss at
$23.00 to limit downside risk. Target 1 at
$26.00 (near MA30) and Target 2 at
$27.50 (mid-range of 60D high-low).
Monitor for any changes in momentum or market conditions that could impact the trade.
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