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: Runner
-Intraday pattern: Runner
-Levels: 35.5, 36.5, 37 - 37.3, 38.5, 39.5 - 40
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 37 level
Confluence: Whole $
Strike Zone: 37.2 - 37
Sizing (lots): 3
Risk (stop / Rs): Hold below 37
Review / Lessons Learned
Should have gotten to full size instantly when PA was in strike zone.
Lessons Learned: GET TO FULL SIZE especially when inside SZ!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-15 11:44:59 | UAL | buy | $37.160 | long |
| 2020-06-15 11:44:59 | UAL | buy | $37.160 | long |
| 2020-06-15 11:45:25 | UAL | sell | $37.330 | long |
| 2020-06-15 11:47:20 | UAL | sell | $37.370 | long |
| 2020-06-15 11:50:25 | UAL | sell | $37.530 | long |
| 2020-06-15 11:52:07 | UAL | sell | $37.590 | long |
| 2020-06-15 11:53:09 | UAL | sell | $37.430 | 0 |
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