Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Moving with market
-In the extremely oversold Resorts & Casinos industry
-March 26th: Stimulus bill might not include cruise lines because they're not incorporated in USA
Technical Analysis
-Intraday pattern: Runner
-Levels: 26, 26.50, 27.50, 28, 28.70, 30
Original Plan / Strategy
First test long of 27 level with whole dollar and VWAP confluence
Review
RCL went 70c against me so I used some emergency lots, had the chance to add another emerg lot in the 27.30's and 27.40's but passed it up because it looked very weak, but stocks rarely don't bounce after a move like this... managed to salvage the trade and take it all off back above 27...
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-04-06 10:30:22 | RCL | buy | $27.250 | long |
| 2020-04-06 10:30:34 | RCL | buy | $27.150 | long |
| 2020-04-06 10:30:40 | RCL | buy | $27.140 | long |
| 2020-04-06 10:30:44 | RCL | buy | $27.110 | long |
| 2020-04-06 10:30:49 | RCL | buy | $27.080 | long |
| 2020-04-06 10:32:32 | RCL | buy | $26.950 | long |
| 2020-04-06 10:35:44 | RCL | buy | $26.690 | long |
| 2020-04-06 10:38:39 | RCL | sell | $26.960 | long |
| 2020-04-06 10:38:48 | RCL | sell | $27.040 | long |
| 2020-04-06 10:38:49 | RCL | sell | $27.030 | long |
| 2020-04-06 10:38:50 | RCL | sell | $27.120 | long |
| 2020-04-06 10:39:00 | RCL | sell | $27.130 | long |
| 2020-04-06 10:39:03 | RCL | sell | $27.130 | 0 |
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