2

PLAY
Intraday trend

CATALYST
08:45:00AM
MRNA +1
PERSONALIS AND MODERNA SIGN NEW AGREEMENT TO LEVERAGE NEXT PLATFORM™ IN PERSONALIZED MRNA CANCER VACCINE CLINICAL TRIALS

TRADE IDEA
Price could continue to 4.50 intraday

SETUP QUALITY AND VARIABLES
B

• Fresh news
• Low float
• Holding above long term resistance @ $3
• VPOC 1st target at 3.90
• Volume slowly expanding

PLAN
Get long for break of vwap, holding majority until VPOC is broken (sell 80%)
Hold 20% until R2s
Stop is break of vwap

REASONS TO SELL
Target hit
Price weakens
Stopped out

EXECUTIONS AND PRICE ACTION
Followed plan exactly

KEY TAKEAWAYS
This one was sneaky. Price bidding up very slowly and consistently in the opening hour. It seemed like there were not a lot of eyes on it as vwap was broken, but trend continued and some more buyers appeared. Did not feel like I was risking much on this for a decent reward.

Per usual pattern (past couple weeks) vwap is broken early in the day and volume has not poured in until the late morning/afternoon.

A lot of volume poured in as VPOC was broken

News headline was “B” at best