INO Trade on Jul 21, 2020 13:24 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: Bull Flag
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 / Parabolic Short of 26.75
Confluence: Whole $
Strike Zone: 26.75 - 27
Sizing (lots + emergency): 1 + 1
Risk (stop / Rs): Hold above 27

Review / Lessons Learned

Got fucked on this squeeze, got in half size at the level and missed my stop so I kept adding until it starter to show weakness, gave back more then half days gains on this.

Lessons Learned:
1. If a Whole $ backstop doesn't hold, think about stopping out.
2. Always calculate max size and check margin requirements!