Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Cruise line industry was extremely oversold
-US stimulus bill might not include major cruise lines as they're not incorporated in USA
Technical Analysis
-Intraday pattern: Bear flag
-Levels: 11.50, 11.80 - 11.90, 12.30
Original Plan / Strategy
FT-15 short of 11.60 level (yesterdays double bottom low)
Review
There was no confluence and the breakdown before the test wasn't far enough for me to get really big so I only took it with two lots. The pullback wasn't deep and I took profits when I noticed SPY strength.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-04-16 10:21:38 | CCL | sell | $11.550 | short |
| 2020-04-16 10:21:38 | CCL | sell | $11.550 | short |
| 2020-04-16 10:21:43 | CCL | sell | $11.550 | short |
| 2020-04-16 10:22:31 | CCL | buy | $11.475 | short |
| 2020-04-16 10:23:17 | CCL | buy | $11.510 | short |
| 2020-04-16 10:23:17 | CCL | buy | $11.510 | 0 |
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