Moderna Stock Analysis: Bullish Indicators for $MRNA | Healthcare

Kir Royal's post

Healthcare · 1mo

$MRNA

I really like how Moderna is setting up here for several reasons:

• Strong sector / industry backdrop
• Undercut and reclaim of the ~$58 key support/resistance level
• Holding just above the 9/20 EMA cloud
• Bullish RSI divergence
• MACD starting to turn positive

The technical picture is becoming increasingly constructive. If buyers continue to defend this reclaimed level, $MRNA could be setting up for a strong move higher. 👀

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