Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-US to provide $50B of stimulus to air line industry in order to avoid bankruptcies
-May 02 2020: Warren Buffet sold all air line stocks in portfolio
Technical Analysis
-SPY pattern: Bowl
-Intraday pattern: Bowl
-Levels: 11, 11.5, 11.9 - 12, 12.5
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 long of 11.3 by 11 level
Confluence: Gap Fill, Whole $
Strike Zone: 11.30 - 11
Sizing (lots): 4
Risk (stop / Rs): Hold below 11
Review / Lessons Learned
OGT, used recycling to my advantage on this trade. one of my best trades today.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-05-27 10:40:56 | AAL | buy | $11.355 | long |
| 2020-05-27 10:41:06 | AAL | buy | $11.330 | long |
| 2020-05-27 10:41:24 | AAL | buy | $11.280 | long |
| 2020-05-27 10:41:24 | AAL | buy | $11.280 | long |
| 2020-05-27 10:41:27 | AAL | buy | $11.260 | long |
| 2020-05-27 10:41:53 | AAL | buy | $11.250 | long |
| 2020-05-27 10:42:06 | AAL | sell | $11.350 | long |
| 2020-05-27 10:44:31 | AAL | sell | $11.410 | long |
| 2020-05-27 10:46:24 | AAL | buy | $11.285 | long |
| 2020-05-27 10:46:39 | AAL | buy | $11.330 | long |
| 2020-05-27 10:49:53 | AAL | buy | $11.090 | long |
| 2020-05-27 10:49:53 | AAL | buy | $11.090 | long |
| 2020-05-27 10:51:48 | AAL | sell | $11.210 | long |
| 2020-05-27 10:52:37 | AAL | sell | $11.255 | long |
| 2020-05-27 10:54:09 | AAL | sell | $11.325 | long |
| 2020-05-27 10:54:35 | AAL | sell | $11.340 | long |
| 2020-05-27 10:56:49 | AAL | sell | $11.405 | long |
| 2020-05-27 10:57:48 | AAL | sell | $11.465 | long |
| 2020-05-27 10:58:54 | AAL | sell | $11.535 | long |
| 2020-05-27 11:00:06 | AAL | sell | $11.500 | long |
| 2020-05-27 11:00:18 | AAL | sell | $11.555 | long |
| 2020-05-27 11:00:53 | AAL | sell | $11.530 | 0 |
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