$1T market cap co. and had a 50% rally in 15 days. Seems legit.
I was watching to see where (and if) sellers would make a stand, not necesserily to trade it.
Opened strong, tried to pop but faced brutal rejection in-front of yesterday's close=$1145.
Tried again but got rejected to the penny and rolled over. Obvious % probability short thru VWAP break vs HOD=$1153.
Got short Tier 0, risking stop above HOD $1153, expecting to move lower towards support pivot=$1117, then maybe 9SMA@daily=$1,080.
Played quickly, had market alignment on my side, so stayed patient with exits.
Covered 50% below S1 into $1,100 whole number, held remaining 50% for the touch to 9SMA@daily since it closed at LOD, very weak.
Good trade.
(+) Excellent patience with exits
04-06-2022
Bid got hit premarket, gapped down below 9SMA@daily
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-04-05 10:05:00 | TSLA | sell | $1140.330 | short |
2022-04-05 12:07:12 | TSLA | buy | $1102.250 | short |
2022-04-06 04:01:02 | TSLA | buy | $1079.830 | 0 |
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