DAL Trade on Mar 23, 2020 15:43 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:
- Daily Chart: Oversold, Consolidation at support area.
- TTM Squeeze: 30m
- Earnings Date: 4/14-

Reason For Entry:
Day trade, playing the 30m chart. TTM squeeze on 30m and gaining momentum. Looking for 100% gain and will close the position. Risking (1% of portfolio) The catalyst is that DAL gets the bailout that is expected from the government. Risking less than 1% of portfolio as I did not get the full position fill today. Will try again tomm., for the full entry position.

Reason For Exit:
- DAL gapped up in the morning and closed half position. Held on to second half and sold in the afternoon at new highs on the 30m chart. TTM fired long at the open.

Recap:
- Nice entry, TTM squeeze gaining momentum, Consolidating below recent high. Defined risk (1% of portfolio). Price fired long and exited in 2 lots, both for gains. Nice trade and practicing patience.