MRNA Trade on Feb 11, 2020 09:53 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Health officials say virus vaccine development has 'no glitches'
-Corona virus sympathy

Technical Analysis

-Healthy uptrend since Aug 2019
-Day 3 gap down
-Morning strength but all day fader
-Levels: 21.30, 22, 22.50
-Daily low of 21.28 which is SSR trigger level

Original Plan / Strategy

First Test long of 22.20 with VWAP confluence risking below 22

Review

Filled two lots on the way down
Last lot added before 22 whole $ number
Gave ample time for trade to work
Wanted to close position when I noticed reversal on the level 2 but my close button wasn't armed due to yesterdays platform issues
First trade of the day red, screwed with my psychology

Lessons Learned: Always check 15 minute chart of stocks that you trade multiple days in a row, something might stand out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-02-11 09:53:24	MRNA	buy	$22.210	long
2020-02-11 09:53:33	MRNA	buy	$22.160	long
2020-02-11 09:55:31	MRNA	buy	$22.010	long
2020-02-11 10:04:24	MRNA	sell	$22.150	long
2020-02-11 10:07:13	MRNA	sell	$21.973	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=12908368&end=20200211103213&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=12908368&end=20200211113113&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=12908368&end=20200211160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=12908368&end=20200312&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}