RCL Trade on Apr 20, 2015 09:40 from foldelinio_BOWS: Tradervue User Stock Trades.

171.56M float/short float < 1%/58.10% institutional

playbook: Full year earnings guidance down for the year. Gapped 5$ into support at 73$. Very clean trading premarket. Some rounding action might be a hint to bouncing, also, there isn't much significant overhead resistance. The first level would be at 76$

Stop: 75.10
R: 5

Stock bounced off of 73$ premarket, marking this level as potential area to flush from. It spiked into 75$, a very tiny premarket support area, and retraced quickly.

I offered into the retracement with stop above HOD and scaled half into support. First add into retracement from the 74$ with stop over this area, however I got squeezed on my position. Probably the add was too early and the stop too tight.

I scaled back in as it could not trade above 74$, risk again above 74$. Large buyer at 73.50$, who later stepped up to 73.60$. When 73.50$ was gone, stock quickly flushed through 73$ for another buck. I traded out of my position into flushes.