$MRNA.US just made a massive move, but I'm not chasing it here.
Price is already near $158 after running from the $60 area, with the latest high around $163.47.
The trend is clearly bullish, but the distance from the 1H EMA7 is getting extreme.
I'm waiting for a pullback:
Long: $147 - $151
TP1: $163.50
TP2: $168.60
TP3: $175.00
SL: $142.00
If $MRNA pulls back into the zone and holds, I like the continuation setup.
Lose $142 and I'm out.
Strong trend doesn't mean chase the top.
âą Click here to Trade đïž
Price is already near $158 after running from the $60 area, with the latest high around $163.47.
The trend is clearly bullish, but the distance from the 1H EMA7 is getting extreme.
I'm waiting for a pullback:
Long: $147 - $151
TP1: $163.50
TP2: $168.60
TP3: $175.00
SL: $142.00
If $MRNA pulls back into the zone and holds, I like the continuation setup.
Lose $142 and I'm out.
Strong trend doesn't mean chase the top.
âą Click here to Trade đïž