MRNA Trade on May 28, 2020 10:43 from beno: Tradervue User Stock Trades.

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)
-May 06 2020: Weak earnings / lags estimates, FDA approves phase 2 of COVID-19 vaccine

Technical Analysis

-SPY pattern: Mountain
-Intraday pattern: Mountain
-Levels: 53, 55 - 55.5, 56.7, 58, 59

Strategy / Confluence / Sizing Guide / Risk

Strategy: Random Trade / no playbook
Confluence: Whole $
Strike Zone: N/a
Sizing (lots): N/a
Risk (stop / Rs): Hold below 57

Review / Lessons Learned

Random trade that I shouldn't have taken, my TAB's were taking a long so I FOMO'ed into it risking off the 57 level, didn't have predefined size so had no idea how big to get, best to avoid random trades!