Shared by
ricky_trades
i didnt chart properly as there was a level at 1142 ish that i missed- got in at the level and it kept holding and also bounced towards the trendline.
i had the stock going towards the downside.
today are the FOMC Meeting minutes and the stock market is very choppy today.
the meeting minutes are released around 2pm and should give us some type of momentum and direction.
i held this for way to long. once it broke about 1150 i should have gotten out.
my profit target is the demand zone of 1130.
the better play was a long play early morning from demand into supply the volume and momentum was there.
i held because i saw the 1150-1155 zone and wanted to see if it would reject or stay above- it rejected and went back down. i didnt have the patience to hold through low volume and the FOMC anticipation. TSLA eventually made it back into the demand zone area later in the afternoon with HEAVY VOLUME to the downside.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-01-05 10:39:20 | 7 JAN 22 1100 PUT | buy | $8.700 | long |
| 2022-01-05 11:49:56 | 7 JAN 22 1100 PUT | sell | $8.000 | 0 |
Comments
manowar41
Play TSLA alot miss this play I had this 1190-1200 exhaustion and overextend play, I like to to enter on the green, try adding 15min into your charts it helps see that level.
ricky_trades
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
GREAT REVIEW!