NCLH Trade on Sep 29, 2020 11:36 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-May 05 2020: Doubt about ability to continue / $400m in notes / $350m stock offering
-May 15 2020: Announces Closing of $675,000,000 of Secured Notes

Technical Analysis

-SPY pattern: Fade
-Intraday pattern: Consolidation
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: Rotation
Confluence: VWAP, 3m-JL
Strike Zone: N/a
Sizing (lots + emergency): 500
Risk (stop / Rs): 16.49

Review / Lessons Learned

I think the trade would have worked if the market was not selling off, it was a good setup to take.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-09-29 11:36:02	NCLH	buy	$16.560	long
2020-09-29 11:36:02	NCLH	buy	$16.560	long
2020-09-29 11:42:30	NCLH	sell	$16.492	long
2020-09-29 11:42:30	NCLH	sell	$16.490	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NCLH&trade=19891294&end=20200929121030&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NCLH&trade=19891294&end=20200929130930&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NCLH&trade=19891294&end=20200929160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=NCLH&trade=19891294&end=20201029&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}