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$MRNA Down 20% – Is This a Buying Opportunity?"
$MRNA is down 20% today to $128.61, with a high of $155.00 and low of $128.61. Moderna is getting crushed after a rough earnings report.
My Analysis:
· Support: $128.61 (today's low) — needs to hold
· Resistance: $155.00 (today's high) — if it breaks, $160 is next
· MA5: $134.55, MA10: $133.14 — price is below both, bearish
· MA30: $141.47 — price is well below, strong bearish signal
· MACD: Negative at -0.17 — bearish momentum
My Take:
Moderna is oversold, but the trend is down. I'm waiting for a bounce above $135 before buying. If it breaks $128, I'll stay away.
Are you buying the dip on MRNA or waiting? 👇
#GateStockInsightsChallenge $MRNA