$MRNA
Added 2024-05-14 10:06:44 +0000 UTC$MRNA has given us the retest of the $115 blue line which was also the ascending triangle breakout level too and bounced, it was also one of the best performing stocks in the S&P 500 yesterday.
Price is also above the 50 and 200 Day MA's here too.
One concern is that their fundamentals are not great but I have not done a deep dive into what drugs they have due to enter the market shortly, I suspect there is some drugs that are due to complete their final phase 3 testing and the market is hopeful that they will pass and enter the market soon.
The technicals are clearly bullish and I would not be surprised to see a strong bounce here shortly.
Price needs to stay above $115 tho.
