Shared by
Ihor_Horovenko
Thesis: China said to have approved first Boeing 787 Dreamliner jet delivery since April 2021 - press [**Note: follows key China's CAAC clearance on 737 MAX deliveries to China] - Juneyao Airlines Co. said to be the airlines group ordering Boeing 787 Dreamliner *Follow up; Boeing 787 for China delivery poised for US departure- Boeing 787 schedule to depart 10AM PT for delivery to Juneyao airlines in Shanghai.
Stop: Placed my stop-loss above the highs of consolidation.
Entry: I have entered position at the moment of breakdown in both cases.
Targets: end of the 1st and 2nd move.
Breakeven point: set after 2 minutes.
Profit taking: slowdown near 264 and 263 levels.
Comments: I believe that LMT order would be much beneficial in terms of entry.
Lessons: I had to take bigger pause in profit taking for the 2nd trade. 2 minutes is considered to be new experimental period during which I should the price either consolidate more, go on, or reverse.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-12-21 09:42:14 | BA | sell | $264.830 | short |
| 2023-12-21 09:42:14 | BA | sell | $264.820 | short |
| 2023-12-21 09:42:27 | BA | sell | $264.600 | short |
| 2023-12-21 09:42:27 | BA | sell | $264.600 | short |
| 2023-12-21 09:45:32 | BA | buy | $264.610 | 0 |
| 2023-12-21 09:49:28 | BA | sell | $263.820 | short |
| 2023-12-21 09:49:30 | BA | sell | $263.810 | short |
| 2023-12-21 09:49:31 | BA | sell | $263.800 | short |
| 2023-12-21 09:49:32 | BA | sell | $263.810 | short |
| 2023-12-21 09:49:33 | BA | sell | $263.810 | short |
| 2023-12-21 09:50:04 | BA | sell | $263.580 | short |
| 2023-12-21 09:52:43 | BA | buy | $263.500 | short |
| 2023-12-21 09:54:08 | BA | buy | $263.300 | 0 |
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