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Watch These Moderna Price Levels as Stock Plummets After Slashing 2025 Revenue Outlook
MRNAModerna(MRNA) Investopedia·2025-01-14 04:15

Key TakeawaysModerna shares will likely remain under scrutiny after plunging nearly 17% Monday as the embattled drug maker slashed its 2025 revenue forecast by 1billion. Thestockbrokedownfromatwomonthpennantpattern,settingthestageforapotentialcontinuationmovelower.InvestorsshouldwatchcrucialsupportlevelsonModernaschartaround1 billion. The stock broke down from a two-month pennant pattern, setting the stage for a potential continuation move lower.Investors should watch crucial support levels on Moderna's chart around 30 and 13,whilealsomonitoringkeyresistancelevelsnear13, while also monitoring key resistance levels near 57 and $68. Moderna (MRNA) shares will likely remain under scrutiny on Tuesday after plungin ...