MRNA Trade on Feb 25, 2020 15:16 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
-Feb 11: $500m IPO @ $19 per share
-mRNA-1273 coronavirus vaccine sent for testing

Technical Analysis

-Levels: 20.50, 22, 22.50, 23.50, 24.50, 25, 26.50
-All day runner, backside started at 3pm

Original Plan / Strategy

First Test long of 25 level with whole dollar confluence

Review

The same thing happened to my other MRNA trade today, I took it with only one lot (and small size) due to fears of a bigger pullback in the stock. The only good thing: I was a little more patient with my sell order and took 35 cents of profit.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-02-25 15:16:15	MRNA	buy	$24.910	long
2020-02-25 15:16:35	MRNA	sell	$25.270	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=13073486&end=20200225154635&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=13073486&end=20200225160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=13073486&end=20200225160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=13073486&end=20200326&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}