$MRNA
Added 2023-11-09 16:02:41 +0000 UTCIs in a bad way here and has been in this downward channel of doom since $220 at the end of 2022.
The price has come all that way down to the 0.887 Fib, which as we know is the last Fib level of support, this is taken from the $11 low and the $500 high, from the start of 2020 to the middle of the Covid hype in 2021.
The market is only associating $MRNA with Covid now and if people are not getting the booster shot for Covid, then people believe that $MRNA will not make money......it is my understanding that $MRNA have a number of other drugs in the pipeline, which are nearing the end of their final phases of tests but this is doing very little to attract buyers here......if $66.57 is lost then this is in trouble of coming down a lot more.
