TSLA Trade on Feb 6, 2020 15:15 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

Its Tesla.... Lots of bears but still great revenue growth that was in-line with stock price until this parabolic move

Catalysts / News / Painting the picture

-TSLA earnings, reported good numbers, in line with what Elon was preaching
-Squeezed all shorts like crazy

Technical Analysis

-Short squeeze, up 200% in 3 months
-Levels: 400, 500, 700, 750
-Topped at 968.99

Original Plan / Strategy

First Test Long of 750 level with VWAP and whole dollar confluence, risk 148.5

Review

A+ setup even at these levels, down trend line from daily high was broken and I know people are shorting this like crazy. Took profits just in time before the rug pull, was risking 148.5.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-02-06 15:15:30	TSLA	buy	$750.510	long
2020-02-06 15:16:54	TSLA	sell	$753.700	0

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#chart2 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=12825278&end=20200206160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=12825278&end=20200206160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=12825278&end=20200307&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}