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Moderna Is Dipping: What’s Next?

Moderna Inc (NASDAQ: MRNA) shares are trading lower Wednesday and are falling toward a support level.

The stock was trending on social media sites throughout the day after the stock saw some movement.

Moderna was down 6.26% at $251.36 at market close Wednesday.

See Also: What’s Going On With Moderna’s Stock Following Prelim Booster Data?

Moderna Daily Chart Analysis

Shares dipped toward support in what traders call an ascending triangle pattern. Shares could see another bounce off the higher low support at some point in the future. Resistance is shown to be near the $460 level.
The stock trades below the 50-day …

Full story available on Benzinga.com

Article: benzinga.com

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