Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Tesla to make ventilators for free for US
-China sales hit high in March
-Tesla bringing back Model 3 to Chinese market
-Earnings: Tops Q1 earnings and revenue estimates
-Jun 11 2020: Stopping solar roof houses, giving back deposits
Technical Analysis
-SPY pattern: Fade
-Intraday pattern: Fade
-Levels: 973, 984, 995, 1010, 1018
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 short of 984 level
Confluence: N/a
Strike Zone: 984 - 986
Sizing (lots): 2
Risk (stop / Rs): Hold above prior swing high and VWAP (996 ish)
Review / Lessons Learned
Got to full size then got squeezed hard, added emergency lots on the way up and scratched the trade when it came back down to my average.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-11 13:03:11 | TSLA | sell | $984.820 | short |
| 2020-06-11 13:09:36 | TSLA | sell | $987.000 | short |
| 2020-06-11 13:09:36 | TSLA | sell | $987.000 | short |
| 2020-06-11 13:13:25 | TSLA | sell | $989.990 | short |
| 2020-06-11 13:13:25 | TSLA | sell | $989.990 | short |
| 2020-06-11 13:19:39 | TSLA | sell | $993.740 | short |
| 2020-06-11 13:27:16 | TSLA | buy | $990.660 | short |
| 2020-06-11 13:27:16 | TSLA | buy | $990.660 | short |
| 2020-06-11 13:27:16 | TSLA | buy | $990.660 | short |
| 2020-06-11 13:27:16 | TSLA | buy | $990.660 | short |
| 2020-06-11 13:27:22 | TSLA | buy | $988.350 | short |
| 2020-06-11 13:27:30 | TSLA | buy | $988.200 | short |
| 2020-06-11 13:28:32 | TSLA | buy | $988.480 | 0 |
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