MRNA Trade on Mar 23, 2020 10:37 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

N/a

Catalysts / News / Painting the picture

-Corona virus sympathy
-Health officials say virus vaccine development has 'no glitches'
-Feb 11 2020: $500m IPO @ $19 per share
-mRNA-1273 coronavirus vaccine sent for testing
-March 16 2020: First human trial of COVID-19 vaccine
-CV's were bouncing but MRNA not showing the same strength

Technical Analysis

-Intraday pattern: Parabolic Fade
-Levels: 26.50, 27, 28, 28.50, 29.80

Original Plan / Strategy

First test long of 28.80 with VWAP confluence, risking below 28.50

Review

OGT. Took off 1/3 near the high of the bounce, then slowly sold 10 shares at a time while waiting for a bigger move but still managing risk. Never bounced further, still good trade.


Execution detail:

Date/time Symbol Side Price Position
2020-03-23 10:37:25 MRNA buy $28.840 long
2020-03-23 10:37:43 MRNA buy $28.830 long
2020-03-23 10:37:49 MRNA buy $28.900 long
2020-03-23 10:38:48 MRNA sell $29.250 long
2020-03-23 10:39:03 MRNA sell $29.180 long
2020-03-23 10:39:44 MRNA sell $29.010 long
2020-03-23 10:39:54 MRNA sell $29.100 long
2020-03-23 10:40:14 MRNA sell $29.190 long
2020-03-23 10:40:40 MRNA sell $29.230 long
2020-03-23 10:41:08 MRNA sell $29.190 long
2020-03-23 10:41:26 MRNA sell $29.125 long
2020-03-23 10:42:17 MRNA sell $29.130 0


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