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Moderna Inc.

Market Opportunities - 22/11/2021

22 November, 2021

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible opportunity for profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

Moderna weekly uptrend opportunity based On 1.00 Lot Calculation:

  • Moderna is a biotechnology company that specializes in mRNA vaccines. Moderna is one of the leading providers of COVID-19 vaccines in the world. Moderna’s Covid-19 vaccine is one of the most effective on the market. Moderna’s vaccine was approved on November 19th as a booster shot on all adults 18 and over. The company is awaiting Emergency Use Authorization for its version of its vaccine for young adults 12 to 17, and for children 5 to 11.
  • News: Covid cases are on the rise around the globe and are increasing significantly in Europe. Austria just implemented a severe 22-day lockdown. Many other countries are considering similar actions.
  • Statistics: Only 53.3% of the global population has received one dose of vaccine. Just 67% of Americans have been fully vaccinated against Covid. Only 5.0% of low income countries have received at least one dose. That means there are billions more vaccines that need to be distributed. Moderna has demonstrated its Covid vaccine is one of the most effective in the world, including against the latest Delta variant, and it has been proven effective in young adults 12 to 17.
  • Fundamental Analysis: Covid vaccines are proving to be effective at lowering the severity of the disease. Given a choice between economic lockdowns and vaccine mandates, most governments are choosing the latter. There are reports that the effectiveness of the vaccine wanes after time. This gives rise to the demand for boosters. Demand for Covid vaccines and boosters could continue to be strong for some time.
  • Technical Analysis: Moderna’s MACD indicator is oversold and well positioned for a reversal. The stock has over 84% to climb to its all-time high of $497.49 reached last August

(#MODERNA), November 22, 2021
Current Price: 270.00

Moderna

Weekly

Trend direction

UP

Resistance 3

375.00

Resistance 2

345.00

Resistance 1

315.00

Support 1

235.00

Support 2

205.00

Support 3

175.00

Example of calculation base on weekly trend direction for 1.00 Lot*

Moderna

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

105,000.00

75,000.00

45,000.00

-35,000.00

-65,000.00

-95,000.00

Profit or loss in €**

93,050.46

66,464.61

39,878.77

-31,016.82

-57,602.67

-84,188.51

Profit or loss in £**

78,153.49

55,823.92

33,494.35

-26,051.16

-48,380.73

-70,710.30

Profit or loss in C$**

132,696.90

94,783.50

56,870.10

-44,232.30

-82,145.70

-120,059.10

* 1.00 lot is equivalent of 1000 units
** Calculations for exchange rate used as of 10:39 (GMT+1) 22/11/2021
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*** You may wish to consider closing your position in profit, even if it is lower than suggested one
**** Trailing stop technique can protect the profit – Ask your Client Manager for more details

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