MRNA - High Tight Flag - 2021-06-18
MRNA Trade Summary
Performance metrics and trade details for MRNA breakout.
- About
Moderna (MRNA) surged nearly 60% in just three weeks during the summer of 2021, driven by increased travel and a rise in COVID-19 cases.
It then formed a bull flag and broke out.
If we entered on the breakout and exited at the first close below the 10 EMA, we would have secured a 10% gain.
However, by "free-loading" half of our position and holding until the day before earnings, we could have captured a 100% gain—an exceptional move in the challenging market of 2021.
Before Breakout Daily
After Breakout
