Trading Moderna Inc. Common Stock $MRNA With Integrated Risk Controls

April 07, 2023, 23:00 pm ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MRNA

• Buy MRNA slightly over 146.03 target 172.61 stop loss @ 145.61 Details

The technical summary data tells us to buy MRNA near 146.03 with an upside target of 172.61. This data also tells us to set a stop loss @ 145.61 to protect against excessive loss in case the stock begins to move against the trade. 146.03 is the first level of support below 158.27 , and by rule, any test of support is a buy signal. In this case, support 146.03 would be being tested, so a buy signal would exist.

• Short MRNA slightly under 172.61, target 146.03, stop loss @ 173.11 Details

The technical summary data is suggesting a short of MRNA as it gets near 172.61 with a downside target of 146.03. We should have a stop loss in place at 173.11though. 172.61 is the first level of resistance above 158.27, and by rule, any test of resistance is a short signal. In this case, if resistance 172.61 is being tested, so a short signal would exist.

Swing Trading Plans for MRNA

• Buy MRNA slightly over 159.27, target 172.61, Stop Loss @ 158.81 Details

If 159.27 begins to break higher, the technical summary data tells us to buy MRNA just slightly over 159.27, with an upside target of 172.61. The data also tells us to set a stop loss @ 158.81 in case the stock turns against the trade. 159.27 is the first level of resistance above 158.27, and by rule, any break above resistance is a buy signal. In this case, 159.27, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MRNA slightly near 159.27, target 152.63, Stop Loss @ 159.73. Details

The technical summary data is suggesting a short of MRNA if it tests 159.27 with a downside target of 152.63. We should have a stop loss in place at 159.73 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 159.27, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for MRNA

• Buy MRNA slightly over 159.27, target 159.66, Stop Loss @ 158.9 Details

If 159.27 begins to break higher, the technical summary data tells us to buy MRNA just slightly over 159.27, with an upside target of 159.66. The data also tells us to set a stop loss @ 158.9 in case the stock turns against the trade. 159.27 is the first level of resistance above 158.27, and by rule, any break above resistance is a buy signal. In this case, 159.27, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MRNA slightly near 159.27, target 155.54, Stop Loss @ 159.64. Details

The technical summary data is suggesting a short of MRNA if it tests 159.27 with a downside target of 155.54. We should have a stop loss in place at 159.64 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 159.27, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Moderna Inc. Common Stock (MRNA) available here: MRNA.

MRNA Ratings for April 07:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	146.03
P2	155.54	152.63	172.61
P3	159.66	159.27	202.35

AI Generated Signals for MRNA

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