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Todays Big Stock Wealthpop News

Moderna (MRNA) Approaches Make Or Break Level


It’s no secret that healthcare has been one of the best performing sectors of the market. As such, there’s plenty of opportunity to make that next big trade.

This brings us to our next trade idea, and it come from of one of the most popular names out there, Moderna (MRNA), well-known from its performance during the COVID-19 pandemic.

The chart in the video below highlights what will be a make or break level for this stock and its recent rally. It it can push through this level with enough momentum behind it, there is a possibility the stock could surge higher. However, on the other side of that coin, if sellers step in, if could put a real damper on the party.

Check out the video below to see which level is most important for MRNA to break through and the one traders need to focus in on.

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Good Luck!

Christian Tharp, CMT

Christian Tharp

I am an expert stock market coach having helped over 4000 beginner and advanced traders & investors from around the world take control of their financial futures. I also write stock market related articles for the Adam Mesh Trading Group. My Chartered Market Technician (CMT) designation substantiates me as an expert in areas such as the technical analysis of stock trends, market indicators, cycles, price patterns, Elliot Wave principles, Candlestick charting, analyzing financial trends and behaviors, portfolio strategies, and forecasting future price movements. With my straightforward approach to simple, systematic trading, students learn how to strategically assess buy signals and market entry timing, establishment and management of stop losses, and how to employ a simple and disciplined trading approach that creates profits.

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