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
-May 01 2020: Moderna and Lonza Announce Worldwide Strategic Collaboration to Manufacture Modernas Vaccine (mRNA-1273)
Technical Analysis
-Intraday pattern: Parabolic Fade
-Levels: 46.5, 47.3, 48, 48,8 - 49, 50
Original Plan / Strategy
First test short of 48.8 by 49 level with VWAP and whole dollar confluence / 4 lots
Review
Only got in with 2 fucking lots, could have made way more in this trade...
Same lessons learned as my other trade today:
- Respect predefined size and force yourself to size in and be uncomfortable!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-05-01 11:14:20 | MRNA | sell | $48.700 | short |
| 2020-05-01 11:14:24 | MRNA | sell | $48.760 | short |
| 2020-05-01 11:16:31 | MRNA | buy | $48.330 | short |
| 2020-05-01 11:16:49 | MRNA | buy | $48.198 | short |
| 2020-05-01 11:17:08 | MRNA | buy | $48.220 | short |
| 2020-05-01 11:17:34 | MRNA | buy | $48.220 | short |
| 2020-05-01 11:17:44 | MRNA | buy | $48.260 | 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!