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
-May 04 2020: Will open 8 ships for business on August 1rst
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Runner, Double Top
-Levels: 12, 12.5, 13 - 13.1
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 long of 12.5 level
Confluence: Half $
Strike Zone: 12.45 - 12.58
Sizing (lots): 3
Risk (stop / Rs): Hold Below 12.50
Review / Lessons Learned
Took a starter then it bounced, got it again lower and took it all off because SPY was having a hard time bouncing with too many shenanigans and consolidation. Most importantly got in full size...
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-05-15 09:56:54 | CCL | buy | $12.620 | long |
| 2020-05-15 09:58:30 | CCL | sell | $12.700 | 0 |
| 2020-05-15 10:00:02 | CCL | buy | $12.580 | long |
| 2020-05-15 10:00:04 | CCL | buy | $12.540 | long |
| 2020-05-15 10:00:09 | CCL | buy | $12.540 | long |
| 2020-05-15 10:00:09 | CCL | buy | $12.537 | long |
| 2020-05-15 10:00:19 | CCL | buy | $12.530 | long |
| 2020-05-15 10:01:13 | CCL | sell | $12.620 | long |
| 2020-05-15 10:01:19 | CCL | sell | $12.650 | long |
| 2020-05-15 10:01:32 | CCL | sell | $12.640 | long |
| 2020-05-15 10:01:49 | CCL | sell | $12.560 | 0 |
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