We continue the idea from the previous post, where the initial targets have already been reached.
At the moment, price action in Moderna shares is correcting the fifth wave formed during the downside move.
The structure suggests a developing bullish impulse, and the upward move is likely to continue.
So far, wave 1 and wave 2 of this impulse have been completed.
Key targets:
49 - local pullback within wave 3
57 / 62 - potential completion zone for wave 3, followed by a correction
71 / 79 - potential completion zone for the entire move
The upside potential from current levels is estimated at 65-82%.
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At the moment, price action in Moderna shares is correcting the fifth wave formed during the downside move.
The structure suggests a developing bullish impulse, and the upward move is likely to continue.
So far, wave 1 and wave 2 of this impulse have been completed.
Key targets:
49 - local pullback within wave 3
57 / 62 - potential completion zone for wave 3, followed by a correction
71 / 79 - potential completion zone for the entire move
The upside potential from current levels is estimated at 65-82%.
---
Please subscribe and leave a comment!
You’ll get new information faster than anyone else.
---
Trade fermée: cible de profit atteinte
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.