UAL Trade on May 15, 2020 10:24 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

-SPY pattern: Runner
-Intraday pattern: Mountain
-Levels: 19.5, 20, 20.5, 21

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 long of 20.5 level
Confluence: Half $, Prior Close
Strike Zone: 20.50 - 20.30
Sizing (lots): 4
Risk (stop / Rs): Hold below 20.30

Review / Lessons Learned

Was not aggressive enough for how good the setup was, failed to get to full size even when PA was in my strike zone...

Lessons Learned: Always get to pre-defined size, especially if PA within strike zone!

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-05-15 10:24:59	UAL	buy	$20.480	long
2020-05-15 10:26:15	UAL	sell	$20.700	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=UAL&trade=14734881&end=20200515105515&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=UAL&trade=14734881&end=20200515115615&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=UAL&trade=14734881&end=20200515160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=UAL&trade=14734881&end=20200614&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}