Watch These Moderna Price Levels as Stock Sinks to 5-Year Low
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Moderna shares may remain under the microscope on Tuesday after sinking to a five-year low following news that the Food and Drug Administration’s top vaccine official has resigned.
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In a small win for the bulls, the stock closed well above its session low in Monday’s trading session to form a hammer, a bullish candlestick pattern that signals a shift from selling to buying pressure.
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Investors should eye key support levels near $23 and $13, while also watching important resistance levels near $36 and $68.
Moderna (MRNA) shares may remain under the microscope on Tuesday after sinking to a five-year low following news that the Food and Drug Administration’s top vaccine official, Peter…