INO Trade on Jun 26, 2020 09:39 from beno: Tradervue User Stock Trades.

Fundamentals

N/a

Catalysts / News / Painting the picture

-Human trials for COVID-19 vaccine to start in April
-February 7, 2020: $100m offering
-March 9 2020: $50m ATM offering
-March 11 2020: WHO declares COVID-19 a pandemic
-March 13 2020: US declares COVID-19 national emergency
-March 26 2020: Positive Interim Phase 2 VGX-3100 Results In Patients with HPV-associated Anal Dysplasia
-April 06 2020: Initiates Phase 1 Clinical Trial Of Its COVID-19 Vaccine and Plans First Dose Today
-April 28 2020: Completes Enrollment in the Phase 1 U.S. Trial of INO-4800 for COVID-19 DNA Vaccine
-May 20 2020: COVID-19 DNA Vaccine INO-4800 Demonstrates Robust Neutralizing Antibody and T Cell Immune Responses in Preclinical Models

Technical Analysis

-SPY pattern: Fade
-Intraday pattern: Mountain
-Levels: 25, 28, 30, 31.3, 33.5

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 long of 25 level
Confluence: Whole $
Strike Zone: 25 - 24.5
Sizing (lots): 3 (only took, see why in notes)
Risk (stop / Rs): Hold below 25

Review / Lessons Learned

Only took with 1 lot because it was sketchy and dumping hard, the trade wasn't pre-planned because I was reacting to this absurd dump, was skeptical. Should have loaded the boat in hindsight but what can you do...Still best trade today.