INO Trade on Mar 3, 2020 15:35 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Human trials for COVID-19 vaccine to start in April
-February 7, 2020: $100m offering

Technical Analysis

-Gapped above last two days of price action
-Spent all day consolidation above the 5 whole dollar number
-Parabolic squeeze EoD
-Levels: 5, 5.3, 6, 7.40, 8

Original Plan / Strategy

First test long of 6.90 level with 7 whole dollar confluence

Review

Took it with small size because it was near the end of the day and the recent up move was over extended. NOTE: ended up squeezing more in the AH

Lessons Learned: Don't short a parabolic front-side move in the afternoon!

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-03 15:35:01	INO	buy	$7.030	long
2020-03-03 15:35:14	INO	buy	$6.920	long
2020-03-03 15:35:45	INO	buy	$6.870	long
2020-03-03 15:36:25	INO	sell	$6.980	long
2020-03-03 15:37:09	INO	sell	$7.030	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=INO&trade=13175792&end=20200303160000&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=INO&trade=13175792&end=20200303160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=INO&trade=13175792&end=20200303160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=INO&trade=13175792&end=20200402&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}