I was watching the stock when it was about to hit the $420 key level. MRNA has a tendency to reject when hitting that level.
A couple of doji formed and the reject was very clear from the 2 min chart, decided to enter a short with 1st profit target at 1R and last target around the 415-416 level which acted both as support and resistance in the earlier hours of trading
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-09-27 11:20:31 | MRNA | sell | $419.500 | short |
2021-09-27 11:22:59 | MRNA | buy | $418.360 | short |
2021-09-27 11:23:35 | MRNA | buy | $417.540 | short |
2021-09-27 11:28:35 | MRNA | buy | $416.340 | 0 |
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