TSLA Trade on Jun 29, 2022 11:48 from TraderJon: Tradervue User Stock Trades.

The set-up:JLine Rejection 5M chart.
What I did Right:Excellent entry on the break of the JLines. Trend line break and a stuff candle on the 5M.
What I did Wrong:
Where I could improve:Improve my confidence in this setup to trade it bigger.
Trade grade:A-
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Big-picture:/ES and /NQ were weak but still consolidating on the 5M and 60M charts. TSLA showing some relative weakness. (Layoff and location closing news)
Trade parameters:Buy Put on the break back down through the 5M JLines (72 and 89 EMA's) Stop above the last relative High.
Entry:16.70
Trade Management:Exited trade when the market and TSLA held the retest of the daily lows.
Exit: 19.26

Execution detail:

Date/time	Symbol	Side	Price	Position
2022-06-29 11:48:49	JUL01 22 675 PUT	buy	$16.700	long
2022-06-29 12:32:32	JUL01 22 675 PUT	sell	$19.260	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=44156583&end=20220629124732&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=44156583&end=20220629144732&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=44156583&end=20220629200000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=44156583&end=20220729&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)');}

TSLA Trade on Jun 29, 2022 11:48 from TraderJon: Tradervue User Stock Trades.

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