$MRNA Trade Idea for Santa Rally 12/21/20

2020年12月20日

Bouncing off the 20 EMA and closing inside of previous bullish candle. If price breaks below 135 (purple box) = downside risk. Price action would drop.

However, I'll be watching to see how price reacts to vaccine rollout news pre market. Could form a "W" reversal pattern.

2020年12月21日

註釋

Nice price action out of the gate this morning.

2021年1月3日

交易結束：目標達成

Short target was reached. Once price broke below the purple box (as mentioned above) the move came quick! Great trade!!!