UAL Trade on Mar 31, 2020 13:09 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Air line stock, getting bailed out with government aid

Technical Analysis

-Intraday pattern: Mountain
-Levels: 30.50, 31.80, 32.50, 33, 33.50

Original Plan / Strategy

First test short of 32.50 level with half dollar and VWAP confluence

Review

SHOULD have sized up aggressively, this was the death line and had two confluence factors (VWAP + half dollar mark)

Lessons Learned: Need to REMOVE FEAR and SIZE UP IN A+ SETUPS with confluence factors!

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-31 13:09:34	UAL	sell	$32.340	short
2020-03-31 13:11:52	UAL	buy	$31.960	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=UAL&trade=13624122&end=20200331134052&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=UAL&trade=13624122&end=20200331144152&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=UAL&trade=13624122&end=20200331160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=UAL&trade=13624122&end=20200430&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}