Moderna: Modest GainsModerna, Inc.NASDAQ:MRNAHKCM_GlobalModerna shares traded mostly sideways over the past week, but today we’re seeing renewed upward movement. Our primary view remains that MRNA is likely to see further declines in the near term. After a low well above support at $22.32, however, a recovery should unfold, pushing the stock up to and above resistance at $85.60. If the stock were to fall below support at $22.32 in the near future, we would expect to see a lower low before the anticipated upward move resumes (probability: 20%).