AAL Trade on Apr 9, 2020 10:15 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-US to provide $50B of stimulus to air line industry in order to avoid bankruptcies

Technical Analysis

-Intraday pattern: Rug Pull
-Levels: 12, 12.50, 12.75, 13.10 - 13.40

Original Plan / Strategy

First test long of 12.70 level with VWAP confluence

Review

I think I tried to take the second test on this one. It had a decent bounce 10c above my level which can be interpreted as the first test. I think I need to take starters earlier in my trades and only get to full size once the level is tested...

Lessons Learned: Scale half at 10% ATR before level (or u see it start holding) but only get to full size at the closer to actual level, emergency lots to be used deeper into the level...

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-04-09 10:15:35	AAL	buy	$12.830	long
2020-04-09 10:15:39	AAL	buy	$12.800	long
2020-04-09 10:15:42	AAL	buy	$12.780	long
2020-04-09 10:15:48	AAL	buy	$12.800	long
2020-04-09 10:17:29	AAL	buy	$12.649	long
2020-04-09 10:18:18	AAL	buy	$12.570	long
2020-04-09 10:22:21	AAL	sell	$12.550	long
2020-04-09 10:25:34	AAL	sell	$12.670	long
2020-04-09 10:25:42	AAL	sell	$12.730	long
2020-04-09 10:25:49	AAL	sell	$12.792	0

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#chart2 { background-image:url('/shared/charts/pricechart?symbol=AAL&trade=13823923&end=20200409115249&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AAL&trade=13823923&end=20200409160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=AAL&trade=13823923&end=20200509&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}