MRNA Trade on Mar 30, 2020 14:59 from beno: Tradervue User Stock Trades.

Shared by
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

Technical Analysis

-Intraday pattern: Bowl
-Levels: 28.50, 30, 30.50

Original Plan / Strategy

First test long of 30 level with whole dollar, VWAP and prior close confluence

Review

OGT, noticed all the confluence factors and got to full size, scaled out on the pop.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-30 14:59:12	MRNA	buy	$30.220	long
2020-03-30 14:59:14	MRNA	buy	$30.200	long
2020-03-30 14:59:16	MRNA	buy	$30.100	long
2020-03-30 14:59:35	MRNA	buy	$30.150	long
2020-03-30 15:00:25	MRNA	sell	$30.330	long
2020-03-30 15:02:32	MRNA	sell	$30.340	long
2020-03-30 15:02:36	MRNA	sell	$30.320	long
2020-03-30 15:02:48	MRNA	sell	$30.310	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=13603405&end=20200330153148&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=13603405&end=20200330160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=13603405&end=20200330160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MRNA&trade=13603405&end=20200429&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}