Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-May 06 2020: Weak earnings / lags estimates, FDA approves phase 2 of COVID-19 vaccine
-Jun 03 2020: MRNA in top 5 pick for vaccine candidate
-Jul 13 2020: MRNA to join NASDAQ 100 Index
-Jul 23 2020: Lost nano particle patent against ABUS, vaccine could be in jeopardy
-Sep 30 2020: MRNA vaccine was deemed safe / CEO says vaccine won't be ready before elections (End of November)
-Oct 13 2020: J&J pauses their COVID-19 trial due to adverse events
Technical Analysis
-SPY pattern: Fade
-Intraday pattern: Consolidation
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: Parabolic Fade
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 200
Risk (stop / Rs): 80.20
Review / Lessons Learned
Very uncomfortable to have stock grind up on me after my initial entries but my patience and perseverance with the trade paid off, was able to recover my PM loss with some left over for small green day. Only thing I regret from this trade is not putting the 78 covers back on when it bounced to the 78.6's. +1.5R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-10-13 09:58:05 | MRNA | sell | $78.900 | short |
| 2020-10-13 09:58:28 | MRNA | sell | $79.080 | short |
| 2020-10-13 10:07:25 | MRNA | sell | $79.430 | short |
| 2020-10-13 10:07:28 | MRNA | sell | $79.430 | short |
| 2020-10-13 10:15:46 | MRNA | sell | $79.790 | short |
| 2020-10-13 10:15:46 | MRNA | sell | $79.790 | short |
| 2020-10-13 10:15:46 | MRNA | sell | $79.790 | short |
| 2020-10-13 10:15:46 | MRNA | sell | $79.790 | short |
| 2020-10-13 10:15:46 | MRNA | sell | $79.790 | short |
| 2020-10-13 10:15:46 | MRNA | sell | $79.790 | short |
| 2020-10-13 10:15:46 | MRNA | sell | $79.790 | short |
| 2020-10-13 10:21:45 | MRNA | buy | $79.270 | short |
| 2020-10-13 10:28:15 | MRNA | buy | $78.350 | short |
| 2020-10-13 10:28:48 | MRNA | buy | $78.160 | short |
| 2020-10-13 10:29:10 | MRNA | buy | $78.265 | short |
| 2020-10-13 10:29:16 | MRNA | buy | $78.160 | short |
| 2020-10-13 10:31:19 | MRNA | buy | $78.300 | short |
| 2020-10-13 10:50:36 | MRNA | buy | $77.810 | short |
| 2020-10-13 10:51:51 | MRNA | buy | $77.880 | short |
| 2020-10-13 10:52:33 | MRNA | buy | $77.770 | short |
| 2020-10-13 10:54:24 | MRNA | buy | $78.120 | 0 |
Comments
beno
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!
Like yours description on pictupre. Thx.