$MRNA
Added 2024-05-23 11:23:44 +0000 UTCOne of the best combinations for technical analysis is seeing a Wave 2 pull back to the 0.618 Fib and forming an ascending triangle, which is what we saw here.
$MRNA moved up the triangle making higher lows and tested the $115 line 4 times before breaking out, it broke out, retested exactly to the $115 level and then bounced from $115 to $164.
This is obviously beautiful to watch and if every price action behaved like this, we would be the wealthiest group to ever exist.
They unfortunately don't always move as smooth as this
We'll continue to watch for setups like this and take advantage of the next opportunity.
