MRNA has strong momentum from a resolved bull pennant; likely upside to 200+, but faces resistance near 210-215 and is technically extended.

AMJ Wellness Matters is mentioning Madna. We talked about that a little bit earlier. Let's see how that's resolved here. 190s. This kept trading. Oh man, Madna all green candles both buying or excuse me both price and volume.

Yeah, this is um this a really nice resolution of a bull penant uh formation that we had that started uh back in August when we got that news of I forget exactly what the news was, but is I think that regarding using AI personalized mRNA vaccines for things like cancer and stuff.

Um, to me this looks like it's it you you could go to 200, but the resistance looks like it's a little bit higher than 200. I'd say somewhere around 210 215 uh looks to be like where the uh the big resistance levels are on a daily chart.

Um, we're getting pretty extended here, so it wouldn't surprise me if we uh ran into some uh resistance earlier than that. Um, but I think this is uh this has some really good momentum to take it up to 200 at at least.

Uh, it's just if you when you look at the daily RSI, it is it is extended, but it's not the most extended it could be.

Yeah, I would agree. Madna is absolutely cooking here.