Is It Too Late To Get Into Moderna?

Hello Trader, One of 2020s most exciting companies was Moderna (MRNA). Shares soared from $20 to as high as $170. Fast-forward to 2021, and MRNA is up nearly 200% YTD, and trades well north of $300 per share. Moderna was recently added to the S&P 500. Some analysts have gone so far to call it the "Tesla of biotechs."

We all know how pivotal its role was during the COVID-19 pandemic. And how it's seen its stock price have a recent surge—as ongoing fear of the Delta variant impacts the economy and stocks. If you're not involved, have you missed the move for good? Or Is there more upside in the stock? Here's my technical breakdown of the chart, and what the price action is telling us. Click here to continue reading...

Biotech Breakouts Research Team

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