Shared by
JRockTrades
Tags:
High of Day Break
Scalp
Big Picture
Markets have been roiled by a mix of inflation data and now conflict between Ukraine and Russia. Tesla has been in a longterm downtrend from a high of 1250 to a low of 700. It is difficult to say if this recent low will be temporary or durable.
Technical Setup
Tesla broke the high of day and I took a quick momentum scalp.
Conclusions
I wanted a quick trade to capture some momentum. There was a lot more left in this and price never again touched my entry. Still, can't complain about capturing almost 10 points in under ten minutes.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2022-02-28 09:53:37 | TSLA | 10 | $833.882 | 10 |
| 2022-02-28 09:54:18 | TSLA | -5 | $837.970 | 5 |
| 2022-02-28 09:56:13 | TSLA | -2 | $838.732 | 3 |
| 2022-02-28 09:57:28 | TSLA | -1 | $839.851 | 2 |
| 2022-02-28 09:59:15 | TSLA | -1 | $843.200 | 1 |
| 2022-02-28 10:01:25 | TSLA | -1 | $841.450 | 0 |
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