TSLA Trade on Feb 19, 2020 10:29 from beno: Tradervue User Stock Trades.

Shared by
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
-Announced $2B offering priced at 767
-PA still squeezing shorts

Technical Analysis

-Low of 900 in morning with high of 940
-Couldn't make new lows in the afternoon, was held up
-Faded after 11:15
-Levels: 900, 920, 930, 940

Original Plan / Strategy

First Test long of the 925 to 920 morning resistance zone

Review

Only have capital for 1 lot of 10 shares. When trading TSLA, I should use most recent technical level and be more conservative with my fantasy orders as TSLA has the tendency to test the whole zone rather than just the top/bottom of it.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-02-19 10:29:24	TSLA	buy	$925.020	long
2020-02-19 10:32:53	TSLA	sell	$928.170	0

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#chart2 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=13000077&end=20200219120253&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=13000077&end=20200219160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=13000077&end=20200320&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}