CCL Trade on May 27, 2020 10:00 from beno: Tradervue User Stock Trades.

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: Bowl
-Intraday pattern: Bowl
-Levels: 16, 16.5, 17.3, 18.2

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 long of 16.5 level
Confluence: Gap Fill, Half $
Strike Zone: 16.52 - 16.4
Sizing (lots): 4
Risk (stop / Rs): Hold below 16.5

Review / Lessons Learned

OGT, got to full size and scaled.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-05-27 10:00:56	CCL	buy	$16.770	long
2020-05-27 10:02:09	CCL	buy	$16.790	long
2020-05-27 10:02:09	CCL	buy	$16.790	long
2020-05-27 10:02:38	CCL	buy	$16.797	long
2020-05-27 10:02:40	CCL	buy	$16.805	long
2020-05-27 10:04:31	CCL	buy	$16.680	long
2020-05-27 10:04:43	CCL	buy	$16.650	long
2020-05-27 10:04:54	CCL	buy	$16.570	long
2020-05-27 10:04:54	CCL	buy	$16.570	long
2020-05-27 10:07:54	CCL	sell	$16.820	long
2020-05-27 10:08:04	CCL	sell	$16.830	long
2020-05-27 10:08:35	CCL	sell	$16.915	long
2020-05-27 10:08:59	CCL	sell	$16.910	long
2020-05-27 10:10:43	CCL	sell	$17.020	long
2020-05-27 10:11:45	CCL	sell	$17.035	long
2020-05-27 10:14:17	CCL	sell	$17.170	long
2020-05-27 10:15:40	CCL	sell	$17.300	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CCL&trade=15038520&end=20200527104040&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CCL&trade=15038520&end=20200527113940&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CCL&trade=15038520&end=20200527160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CCL&trade=15038520&end=20200626&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

arapolin

2020-05-28 02:46:18

you had a nice trade, thanks for sharing , how do you know your entry ? for this trade

beno

2020-05-28 08:14:52

My entry was 16.5 and it was the triple top high from prior day, truly an A+ setup for me.

Kiteloopmike

2020-05-28 21:34:58

Great job catching the swing low & high on your scaling.

beno

2020-05-29 07:23:48

Hey Kiteloopmike. thanks!

If you ever want to talk shop let me know! (same goes for you arapolin)

Kiteloopmike

2020-06-07 11:36:40

Hey, I just saw your message. BYND, CCL, and PDD have been my favorite short plays over and over. Made my monthly goal for June by June 5th...all bonus money for the rest of the month.