Moderna Wave Analysis – 15 November, 2022

• Moderna broke resistance level 180.00

• Likely to rise to resistance level 197.15

Moderna recently broke the resistance level 180.00 (top of the previous minor correction 2 from the middle of August).

The breakout of the resistance level 180.00 accelerated the active short-term impulse wave C of the ABC correction (2) from the end of September.

Moderna can be expected to rise further toward the next resistance level 197.15 (former monthly high from the start of August).