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: Fade
-Intraday pattern: Consolidation
-Levels: 25.5, 25.9, 26.5
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 25.9 by 25.8 level
Confluence: VWAP
Strike Zone: 25.9 - 25.8
Sizing (lots): 3
Risk (stop / Rs): Hold below 25.8
Review / Lessons Learned
OGT. Got to full size near 26 but added 2 emergency lots inside of strike zone. Sold my emergency lots when PA got to my initial buy area in case it would come back down and consolidate at the level, in that case I would be recycling shares... Slowly scaled out of rest.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-05-21 10:36:32 | UAL | buy | $26.020 | long |
| 2020-05-21 10:36:50 | UAL | buy | $25.990 | long |
| 2020-05-21 10:37:18 | UAL | buy | $26.040 | long |
| 2020-05-21 10:39:17 | UAL | buy | $25.910 | long |
| 2020-05-21 10:39:40 | UAL | buy | $25.870 | long |
| 2020-05-21 10:40:52 | UAL | sell | $25.990 | long |
| 2020-05-21 10:41:08 | UAL | sell | $26.010 | long |
| 2020-05-21 10:41:48 | UAL | sell | $26.130 | long |
| 2020-05-21 10:41:49 | UAL | sell | $26.130 | long |
| 2020-05-21 10:42:58 | UAL | sell | $26.210 | long |
| 2020-05-21 10:45:14 | UAL | sell | $26.150 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!