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
-Jun 19: Cruise Lines International Association (CLIA) announced a voluntary suspension of operations from U.S. ports until September 15 due to the COVID-19 outbreak
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Consolidation
-Levels: 15.9 - 16, 16.3, 16.7
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 long of 16 level
Confluence: Whole $
Strike Zone: 16.05 - 15.9
Sizing (lots): 3
Risk (stop / Rs): Hold below 16
Review / Lessons Learned
OGT, got to full size but took it off quicker because stock was weak, made a lower low before heading back up.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-30 09:40:47 | CCL | buy | $16.080 | long |
| 2020-06-30 09:40:47 | CCL | buy | $16.080 | long |
| 2020-06-30 09:40:47 | CCL | buy | $16.080 | long |
| 2020-06-30 09:41:21 | CCL | buy | $16.090 | long |
| 2020-06-30 09:41:21 | CCL | buy | $16.090 | long |
| 2020-06-30 09:41:21 | CCL | buy | $16.090 | long |
| 2020-06-30 09:41:28 | CCL | buy | $16.020 | long |
| 2020-06-30 09:41:28 | CCL | buy | $16.020 | long |
| 2020-06-30 09:41:28 | CCL | buy | $16.020 | long |
| 2020-06-30 09:41:38 | CCL | buy | $16.070 | long |
| 2020-06-30 09:41:39 | CCL | buy | $16.070 | long |
| 2020-06-30 09:41:39 | CCL | buy | $16.070 | long |
| 2020-06-30 09:42:30 | CCL | sell | $16.140 | long |
| 2020-06-30 09:42:30 | CCL | sell | $16.140 | long |
| 2020-06-30 09:42:39 | CCL | sell | $16.190 | long |
| 2020-06-30 09:45:03 | CCL | sell | $16.123 | long |
| 2020-06-30 09:45:03 | CCL | sell | $16.121 | long |
| 2020-06-30 09:47:28 | CCL | sell | $16.190 | long |
| 2020-06-30 09:47:28 | CCL | sell | $16.190 | long |
| 2020-06-30 09:47:49 | CCL | sell | $16.183 | long |
| 2020-06-30 09:47:49 | CCL | sell | $16.183 | long |
| 2020-06-30 09:48:02 | CCL | sell | $16.110 | long |
| 2020-06-30 09:48:02 | CCL | sell | $16.114 | long |
| 2020-06-30 09:48:02 | CCL | sell | $16.110 | long |
| 2020-06-30 09:48:02 | CCL | sell | $16.112 | 0 |
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