Sunday, March 8, 2020

8th Mar 2020 - How can you rely on just one biotech company for vaccine!


Buy $
Sell $
Short $
Cover $
Stop Loss $
Profit / Losses
$28.05
6th Mar 2020






Reason to Buy
Lesson Learnt:
  • This stock is similar to GILD. They move slowly and always look very weak. However, when the market opened yesterday, DJIA tanked immediately by 3% below the second support trend line that I drew, but MRNA stock shot up by more than 4%.
  • Since I know market is terribly weak, and this stock is always weak, I set the purchase line lower. However, the fact proved that the purchase line can actually be much lower.
  • Anyway, so far, looks like it is a good thing to catch it.
Intraday Chart








Historical Chart




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