Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-$10m ATM on Monday March 2 2020
-Coronavirus sympathy
-Emergent to manufacture Vaxart's experimental COVID-19 vaccine
-Jun 25 2020: Signs Memorandum of Understanding with Attwill Medical Solutions Sterilflow, LP
-Jun 26 2020: COVID-19 Vaccine Selected for the U.S. Government’s Operation Warp Speed
-Jul 13 2020: Closes $90m ATM
-Aug 10 2020: Filed IND for COVID-19 vaccine
-Sep 14 2020: announces FDA clearance of IND application for oral COVID-19 vaccine
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Bull Flag
-Other notes: Large float and hard to read direction
Strategy / Confluence / Sizing Guide / Risk
Strategy: Mountain
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 250
Risk (stop / Rs): 7.83
Review / Lessons Learned
Tried the Mountain pattern again after the failed break-out, bids still in the way from an EOD dump so I scratched it for small win.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-09-14 14:08:52 | VXRT | sell | $7.730 | short |
| 2020-09-14 14:08:52 | VXRT | sell | $7.730 | short |
| 2020-09-14 14:16:07 | VXRT | buy | $7.660 | 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!