MRNA Trade on Apr 17, 2020 13:29 from beno: Tradervue User Stock Trades.

Gravatar

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
-April 15 2020: PT increase to 41, Making new ATH's
-April 16 2020: Wins $483 Million US Government Award To Develop Coronavirus Vaccine

Technical Analysis

-Intraday pattern: Consolidation
-Levels: 43.5, 45, 47, 48, 50

Original Plan / Strategy

First test short of 47.5 level with half dollar confluence

Review

Not much confluence so took it with small size, scratched one lot because stock was holding up pretty well and took profits on the other lot making for a small green trade.


Execution detail:

Date/time Symbol Side Price Position
2020-04-17 13:29:04 MRNA sell $47.250 short
2020-04-17 13:29:11 MRNA sell $47.330 short
2020-04-17 13:31:36 MRNA buy $47.250 short
2020-04-17 13:33:01 MRNA buy $47.100 short
2020-04-17 13:33:01 MRNA buy $47.100 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in