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@Barcode：$Moderna, Inc.(MRNA)$ 📉🐻📉🅱️🅴🅰🆁🅸🆂🅷📉 🐻❄️ 📉 🎯🐻🎯 Moderna’s Last Stand: Churchill Chair Pattern in Play – Could MRNA Hit Zero? 🎯🐻🎯 Kia ora Tiger traders! Today, we’re zooming in on Moderna Inc. ($MRNA), facing a potential downward spiral with a unique “Churchill Chair” pattern (see the chart below 📉🐻). Are we witnessing the beginning of the end for this biotech giant, or is there still some life left? 📈 Latest Numbers & Performance Rundown: • Current Price: $41.64, showing a steady decline (-1.19%) • 52-Week Range: High $170.47, Low $40.24 – we’re hanging just above rock-bottom levels! • PE Ratio: Not looking good, with a Forward PE projection at a surprising -4.51 • EPS Forecast: Grim projections ahead: $-9.23 for 2024, with slightly improved yet negative numbers through 2026 🧭 Key Levels to Watch: • Support: $40.24 – if we break through here, the drop could intensify! • Resistance: 50-Day MA at $84.72 – that’s a long climb from current levels, but never say never in this market. 🖋️ Analyst Sentiment & Ratings: • 🔴 Sell: 8% • 🟡 Hold: 58% • 🟢 Buy: 31% • With only 4% on Strong Buy, analysts are clearly cautious about this stock. 🐻 Hedge funds are eyeing MRNA as a risky play, echoing Churchill’s “never surrender” for the bears. 📊 Capital Flow Insight: Capital has been flowing OUT of Moderna, signalling that big money might be looking for greener pastures. For short-term traders, this could mean more bearish pressure ahead! 🔥 Fun Historical Comparison: Remember BlackBerry ($BB)? It soared during its prime, only to nosedive when competition ramped up and innovation stalled. Moderna could be treading a similar path ~ will it reinvent, or could it remain a cautionary tale? 🎤 Analyst Quote: “Moderna’s decline mirrors Churchill’s infamous chair – stable for now but precarious without innovation. Bulls are holding their breath for a pivot; bears are counting on more drops.” – Wall Street Veteran 🪑 “Churchill Chair” Pattern Breakdown: This pattern is a tough seat for Moderna investors! Without new innovation or positive capital flow, MRNA may keep sliding, inching closer to zero. For pattern traders like me, this setup screams “caution” and has us eyeing PUTS for potential gains. 👉 Hedge Play: For a lower-cost bear approach, consider a bear put spread – buy a $40 put and sell a $30 put with the same expiration. This limits your premium but lets you profit from a downside move! 🔥 High-Risk, High-Reward: The Churchill Chair isn’t for the faint-hearted! If MRNA keeps dropping, the bears might just pop the champagne! 🍾🐻 Hey Tiger Traders, if MRNA goes into freefall, where do you see the next support level – $35 or a shocking dip below $30? 🧐 TigerGPT, what other companies have shown the “Churchill Chair” pattern, and how did they fare afterward? Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerStars @TigerPicks @TigerPM @TigerWire @Daily_Discussion @TigerGPT Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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