UAL Trade on Apr 30, 2020 09:51 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
-April 15 2020: US Airlines Accept $25 Billion in Grants to Survive Coronavirus

Technical Analysis

-Intraday pattern: Consolidation
-Levels: 29, 29.7, 30, 30.50, 31

Original Plan / Strategy

FT-15 short of 30.50 with half dollar confluence / 2 lots

Review

Again, wasn't aggressive enough with my sizing, only got one lot before it tanked, in my defense it tanked pretty quick after I got my starter!

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-04-30 09:51:57	UAL	sell	$30.360	short
2020-04-30 09:51:57	UAL	sell	$30.360	short
2020-04-30 09:53:22	UAL	buy	$30.050	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=UAL&trade=14307335&end=20200430102222&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=UAL&trade=14307335&end=20200430112322&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=UAL&trade=14307335&end=20200430160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=UAL&trade=14307335&end=20200530&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}