Moderna’s bearish divergence

05 august 2022 14
Maria_Yudina
Maria_Yudina

Listed among the best MarketCheese authors
2nd in the segment "US stocks"
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Moderna stock price hit its March local high of 188 yesterday, boosted by strong Q2 results released on Wednesday, August 3. The DeMarker has entered overbought zone and formed a bearish divergence. A temporary correction of Moderna stock price to 181 is possible soon.

Maria_Yudina
Maria_Yudina

Listed among the best MarketCheese authors
2nd in the segment "US stocks"
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