MNK Trade on Apr 15, 2020 10:49 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

N/a

Catalysts / News / Painting the picture

-Announces Publication of Data on Acthar® Gel (Repository Corticotropin Injection) from its Randomized, Double-Blind, Placebo-Controlled Phase 4 Study in Rheumatoid Arthritis (RA) in Rheumatology and Therapy

Technical Analysis

-Intraday pattern: Fade
-Levels: 3.3, 3.5, 3.7, 3.9

Original Plan / Strategy

First test short of 3.6 to 3.75 level with VWAP and 15 minute level confluence

Review

Plan was to scale until the 3.75 level but the stock pulled back before it got there so I took profits on the shares that I had, was the right call.


Execution detail:

Date/time Symbol Side Price Position
2020-04-15 10:49:23 MNK sell $3.580 short
2020-04-15 10:50:24 MNK sell $3.630 short
2020-04-15 10:56:30 MNK buy $3.570 short
2020-04-15 10:56:30 MNK buy $3.570 short
2020-04-15 10:56:30 MNK buy $3.570 short
2020-04-15 10:56:30 MNK buy $3.570 0


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