Stockbee: MRNA swing $2700

MRNA swing $2700

March 9, 2020

MRNA swing

MRNA showed up in 4% scan Friday . Stock was also in Top 25 stocks by momentum.

It had all the characteristics of 3LYNCH. So bought in last 1 hour with 40 cent stop.

Early morning in pre market it was at 32.20. Sold half at that and sold rest around 32.10 to to get average 32.15 price.

$2732 net profit after commission for weekend hold.

That was my only position coming in to today. Now 100% cash.

Last few weeks have been good for trading corona virus plays.

2 comments :

SmartFoxMar 9, 2020, 11:36:00 AM
Hi,

I really enjoy your site & content a lot. The information I find here is really valuable.
Nevertheless you write that there a good opportunities to profit from the very present Corona virus. Opposed to your opinion I have the feeling it is very hard to find good setups as in general 95% of the stocks seem to plummet strong in today's markets.

What do you recommend in order to still be profitable or at least more profitable in these difficult conditions nowadays .

Hope to get som
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Pradeep BondeMar 9, 2020, 11:41:00 AM
For last several weeks biotech and drug breakouts continue to work. Bottom Bounce setups have also worked well. Besides that I have list of stocks for day trading that are making big 10 dollar plus intraday moves. TSLA ZM NVDA SOXL TQQQ
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