Shared by
JRockTrades
Tags:
OGT
First trade got stopped for a very minimal loss. Second trade was shorting a consolidation just below 365. I got an excellent entry and was well positioned for continuation to the downside.
MRNA has been in a downtrend and the 350 level represented 30% off the highs. At this point, it was probably short term oversold. It did drop the level and immediately rebid, which was my signal to switch long, which doubled my profits.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-08-16 09:34:38 | MRNA | -30 | $367.310 | -30 |
| 2021-08-16 09:35:58 | MRNA | 10 | $365.330 | -20 |
| 2021-08-16 09:36:24 | MRNA | 20 | $368.520 | 0 |
| 2021-08-16 09:53:11 | MRNA | -30 | $364.800 | -30 |
| 2021-08-16 09:55:35 | MRNA | 10 | $362.040 | -20 |
| 2021-08-16 10:05:08 | MRNA | 10 | $357.750 | -10 |
| 2021-08-16 10:19:42 | MRNA | 5 | $350.660 | -5 |
| 2021-08-16 10:22:29 | MRNA | 5 | $351.605 | 0 |
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