$MRNA
Added 2024-06-10 15:47:08 +0000 UTC$MRNA has pulled back and so far has held on the 0.618 Fib at $145, so we are watching to see if this is Subwave 2 of Wave 5 now, failure to continue holding and Wave 4 is not complete yet and we will be watching for a test of the 0.38 Fib again at $137.
The 50 Day MA is also moving up now to offer support to the price action, so the price may still need to test the 0.38 Fib again to wait for the 50 Day MA.
Overall, I like this impulse wave, so a firm hold when it comes will be a good entry to get Wave 5.
