TSLA Trade on Aug 15, 2022 09:34 from quanphan135: Tradervue User Stock Trades.

The set-up: Break Out/Break Down/ Momentum/ Scalp

Pre-Market Prep: 8/15/2022

Last Day closed: 900.09
Pre-Market High: 905
Pre-Market Low: 894

We have: resistance at 900; 905 ; 908.50, 910 ( Important resistance level: 900 - need to hold to remain bullish break out - long ; if that a fake break out, short is the play)

We have: support at 898.47, 895; 894; (885 - need to broke to remain bearish - if that a fake break down, watch for a reversal and go long).
Current Pre- Market Vwap: 900.82

Trading Idea for Scalper:

1) Bull Case: When market is open, I want to see the price open at 900, I want to wait and watch out for important support if the tape can show me the hold bid at 900, then I will go LONG at the pull back and looking to exit at 905 resistance

2) Bull Case: After at 905, I want to make sure this will be a successfully breakout (by volume and tape) show me that the seller lift offer at 905, then I will go another LONG at the pull back and looking exit next stop 908 - 910 resistance. * I will also LOOKOUT FOR 915 – 920 for any reversal play for a pullback momentum if seller held the ask those important resistance.

3) Bear Case: When market is open, if open at below key level 900, I want to take time wait and watch the tape, I want to make sure the seller hold their ask at 900, I will wait the pull back and enter SHORT and exit at next support 898
4) Bear Case: if 898 is broke, I want to rebuy my position at any pull back to go SHORT and exit at next support 895

5) Reversal Play: Please watch out for 890 and 885, those are to important support level, if is broke. I will not interested to go LONG. If it hold the bid at those 2 important level 890 - 885, I want to make a reversal play aka LONG.

What I did Right:
1) Reading the tape
2) Had trading buddy on call during trade session
3) Excellent timing for entries and exit based setup

What I did Wrong:

None

Where I could improve:
1) Improving sizing
2) Watching more tape previous trading videos
3) Pick stock in play

Trade grade: A

Trading Video Below