MRNA Trade on Apr 7, 2020 09:40 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

Technical Analysis

-Intraday pattern: Consolidation
-Levels: 31, 32, 32.50, 33.50
-Failed again from 35 resistance on daily chart
-Held above 31 level all day

Original Plan / Strategy

FT-15 long of 31 level with whole dollar confluence

Review

Level called out by my TAB, A+ setup and I did not get to full size... Scaled out 20 shares at a time

Lessons Learned: Need to get to full size on these good setups FFS!


Execution detail:

Date/time Symbol Side Price Position
2020-04-07 09:40:41 MRNA buy $31.140 long
2020-04-07 09:40:46 MRNA buy $31.050 long
2020-04-07 09:42:28 MRNA sell $31.640 long
2020-04-07 09:42:36 MRNA sell $31.640 long
2020-04-07 09:42:58 MRNA sell $31.880 long
2020-04-07 09:43:08 MRNA sell $32.100 long
2020-04-07 09:43:16 MRNA sell $32.160 long
2020-04-07 09:43:31 MRNA sell $32.170 long
2020-04-07 09:43:38 MRNA sell $32.160 0


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