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: Rug Pull
-Levels: 43, 48, 50, 51.5 - 52.5, 54, 56
Original Plan / Strategy
FT-15 short of 51.5 support level from yesterday morning/afternoon with prior close and half dollar confluence
Review
Was waiting for a bigger pop towards 52 to really get big but we had a pullback before then so I slowly scaled out of my only lot, still a good trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-04-21 13:52:32 | MRNA | sell | $51.330 | short |
| 2020-04-21 13:55:28 | MRNA | buy | $50.920 | short |
| 2020-04-21 13:56:34 | MRNA | buy | $50.800 | short |
| 2020-04-21 13:56:53 | MRNA | buy | $50.625 | short |
| 2020-04-21 13:57:26 | MRNA | buy | $50.550 | short |
| 2020-04-21 13:57:42 | MRNA | buy | $50.560 | 0 |
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