Moderna Inc (MRNA)

[Gpheart2016]

Here are some facts that the Civil War General and Vexari should both agree on.
1. MRNA stock closed on Friday above the 55 day moving average for the first time since early December.
2. The stock has suffered huge losses since the high price of July-August 2021.
3. There is strong evidence (see Investor Business Daily) that the Nasdaq market has turned around and has a strong uptrend in place. We can expect MRNA to be part of that uptrend and probably outpace the broader market.
4. Despite the recent drop in stock price, the company’s finances are in good shape with amazing earnings and projected sales for 2022.

I don’t have a crystal ball and I know this whole scenario could fall apart tomorrow but odds are strong that MRNA and the broader Nasdaq market will rally in the weeks ahead. Not a good time to short this stock. Buying calls and holding shares is rational. All my opinion and maybe some will not agree?