N/a
-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
-Gapped up
-Weak OD
-Made bearish descending triangle against 32.50 level
-Levels: 23, 25, 29, 32.50, 35, 37
-Huge break down from 32.50 to 23 in the late morning
First test 15 minute of 29 level (yesterdays high of consolidation range) with prior close and whole dollar confluence
Did the right thing by taking the trade as it was my setup, I'd take it again. Noticed weakness right away after getting in and the 29 level broke cleanly, I just hit the bids and wanted to re-evaluate at the bottom of the range near 27.50 - 28, the weakness continued so I didn't get back in, saved myself from further down side of $6!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-02-27 11:05:07 | MRNA | buy | $29.620 | long |
2020-02-27 11:05:41 | MRNA | buy | $29.230 | long |
2020-02-27 11:05:44 | MRNA | sell | $28.510 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!