RCL Trade on Apr 17, 2020 09:41 from beno: Tradervue User Stock Trades.

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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
-April 9 2020: The Centers for Disease Control and Prevention extended its initial No Sail Order a further 100 days

Technical Analysis

-Intraday pattern: Bowl
-Levels: 35, 35.3 - 35.5, 36, 36.5, 37.5

Original Plan / Strategy

FT-15 long of 35.5 by 35.3 level with half dollar confluence (yesterdays late morning high)

Review

Started scaling in the 35.60's and was adding into weakness, stock bounced before it reached the 35.3 level from yesterdays morning so I took my two lots off for a nice win.


Execution detail:

Date/time Symbol Side Price Position
2020-04-17 09:41:54 RCL buy $35.650 long
2020-04-17 09:42:12 RCL buy $35.590 long
2020-04-17 09:42:33 RCL sell $35.860 long
2020-04-17 09:43:38 RCL sell $36.100 0


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