Shared by
JRockTrades
Tags:
OGT
Technical Level
Trend Following
MRNA showed lots of strength today. I thought it could rally and take out the ATH. I was looking for an entry where I could put on a trade with $1 of risk.
MRNA had double topped around 434.50 and then moved higher. I entered on a retest of that level. I wasn't looking to start taking sales until it was close to the ATH. Ultimate profit target ended up at 450, which was reached. I got over 10 to 1 risk to reward making this really one good trade.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-08-09 10:00:00 | MRNA | 50 | $434.570 | 50 |
| 2021-08-09 10:20:42 | MRNA | -10 | $442.460 | 40 |
| 2021-08-09 10:21:27 | MRNA | -10 | $443.750 | 30 |
| 2021-08-09 10:22:18 | MRNA | -10 | $444.500 | 20 |
| 2021-08-09 10:30:35 | MRNA | -5 | $445.000 | 15 |
| 2021-08-09 10:32:16 | MRNA | -5 | $446.880 | 10 |
| 2021-08-09 10:32:47 | MRNA | -5 | $447.800 | 5 |
| 2021-08-09 10:34:41 | MRNA | -3 | $447.690 | 2 |
| 2021-08-09 10:36:30 | MRNA | -1 | $448.960 | 1 |
| 2021-08-09 10:44:27 | MRNA | -1 | $450.000 | 0 |
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