MRNA Trade on Feb 12, 2020 11:43 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Health officials say virus vaccine development has 'no glitches'
-Corona virus sympathy
-$500m IPO last night @ $19 per share

Technical Analysis

-Down trend but is at bottom of channel on daily, buying can come back in
-Levels: 18.50, 19, 19.50, 20.50
-SSR on, so was not good for short

Original Plan / Strategy

First Test short of $19 level with whole dollar confluence

Review

Although asks were constantly stacked, the stock wasn't going down and was being bought up, SSR was on and no real sellers were selling.
Scratched the trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-02-12 11:43:57	MRNA	sell	$18.910	short
2020-02-12 11:52:37	MRNA	sell	$18.880	short
2020-02-12 11:53:57	MRNA	sell	$18.980	short
2020-02-12 12:19:54	MRNA	buy	$18.950	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=12918182&end=20200212123754&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=12918182&end=20200212133754&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=12918182&end=20200212160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=12918182&end=20200313&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}