It’s no secret that healthcare has been one of the best performing sectors of the market. As such, there’s plenty of opportunity to make that next big trade.

This brings us to our next trade idea, and it come from of one of the most popular names out there, Moderna (MRNA), well-known from its performance during the COVID-19 pandemic.

The chart in the video below highlights what will be a make or break level for this stock and its recent rally. It it can push through this level with enough momentum behind it, there is a possibility the stock could surge higher. However, on the other side of that coin, if sellers step in, if could put a real damper on the party.

Check out the video below to see which level is most important for MRNA to break through and the one traders need to focus in on.

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Good Luck!

Christian Tharp, CMT