HTZ Trade on Jun 11, 2020 10:24 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

N/a

Catalysts / News / Painting the picture

-Rumors of Chapter 11 bankruptcy talks
-April 29 2020: Hertz in talks with creditors to avoid debt default, faces May 4 deadline

Technical Analysis

-SPY pattern: Fade
-Intraday pattern: Consolidation
-Levels: 1.7, 2, 2.2, 2.4 - 2.5

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long of 2.2 level
Confluence: N/a
Strike Zone: 2.25 - 2.2
Sizing (lots): 2
Risk (stop / Rs): Hold below 2.1 / VWAP

Review / Lessons Learned

Got to full size but then it went against me so I added emergency lots and scratched it on the pop.


Execution detail:

Date/time Symbol Side Price Position
2020-06-11 10:24:11 HTZ buy $2.230 long
2020-06-11 10:24:11 HTZ buy $2.230 long
2020-06-11 10:24:11 HTZ buy $2.230 long
2020-06-11 10:24:11 HTZ buy $2.230 long
2020-06-11 10:24:11 HTZ buy $2.230 long
2020-06-11 10:24:11 HTZ buy $2.230 long
2020-06-11 10:25:00 HTZ buy $2.217 long
2020-06-11 10:25:00 HTZ buy $2.217 long
2020-06-11 10:25:00 HTZ buy $2.220 long
2020-06-11 10:25:00 HTZ buy $2.220 long
2020-06-11 10:26:31 HTZ buy $2.160 long
2020-06-11 10:30:32 HTZ buy $2.080 long
2020-06-11 10:38:06 HTZ sell $2.190 long
2020-06-11 10:38:06 HTZ sell $2.190 long
2020-06-11 10:38:06 HTZ sell $2.190 long
2020-06-11 10:38:28 HTZ sell $2.200 long
2020-06-11 10:38:28 HTZ sell $2.200 long
2020-06-11 10:38:28 HTZ sell $2.200 long
2020-06-11 10:40:18 HTZ sell $2.210 long
2020-06-11 10:40:18 HTZ sell $2.210 long
2020-06-11 10:40:18 HTZ sell $2.210 long
2020-06-11 10:40:38 HTZ sell $2.180 long
2020-06-11 10:40:38 HTZ sell $2.181 long
2020-06-11 10:40:38 HTZ sell $2.180 long
2020-06-11 10:40:38 HTZ sell $2.181 long
2020-06-11 10:40:38 HTZ sell $2.180 0

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