NRZ Trade on Mar 26, 2020 14:32 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-REITs running due to stimulus bill

Technical Analysis

-Intraday pattern: Runner, Big Pullback
-Levels: 6, 6.50, 7.30, 7, 8

Original Plan / Strategy

First test short of 7.30 neck line

Review

Scaled in half size because market seemed like it was bouncing and there was no confluence on this setup. It would not fail even after 10 minutes, exceeded my time cut-off so I scratched it.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-26 14:32:10	NRZ	sell	$7.250	short
2020-03-26 14:32:31	NRZ	sell	$7.270	short
2020-03-26 14:41:13	NRZ	buy	$7.210	short
2020-03-26 14:41:28	NRZ	buy	$7.190	short
2020-03-26 14:42:49	NRZ	buy	$7.245	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NRZ&trade=13534193&end=20200326150949&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NRZ&trade=13534193&end=20200326160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NRZ&trade=13534193&end=20200326160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=NRZ&trade=13534193&end=20200425&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}