MRNA - long position
hi traders,
Let's have a look at MRNA stock on the weekly time frame.
As we can see, the price is retesting the COVID lows from 2020 which haven't been retested yet.
The RSI is very oversold and we believe that the trend reversal is likely.
Our strategy is to take a long position now around 55$.
Stop loss should be placed below 50$
Our target is at the golden pocket fibonacci which is around 126$.
Let's have a look at MRNA stock on the weekly time frame.
As we can see, the price is retesting the COVID lows from 2020 which haven't been retested yet.
The RSI is very oversold and we believe that the trend reversal is likely.
Our strategy is to take a long position now around 55$.
Stop loss should be placed below 50$
Our target is at the golden pocket fibonacci which is around 126$.
💥 Free signals and ideas ➡ t.me/vfinvestment
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