TSLA Trade on Sep 13, 2022 12:10 from quanphan135: Tradervue User Stock Trades.

The set-up: Scalp/Momentum

Pre-Market Prep: 9/13/2022

Last Day closed: 304.42
Pre-Market High: 306.76
Pre-Market Low: 292
Current Pre- Market VWAP: 297.88

We have resistance at 292.51; 293.28; 296.73
We have support at 291.64; 289.95; 287.93; 286.77

Catalyst:

Week of 2nd Sep: Market Sell Off – Hit Hard
Week of 9th Sep: Market Bounce!
Last Friday: GAP UP from 290 to 293.70 (SIDE WAY/BULL/BEAR)?
Monday: GAP UP ((SIDE WAY/BULL/BEAR)?) NEW CPI THIS WEEK
Tuesday: GAP DOWN BIG TSLA -$11.45 or -3.75% during the market – SPY AND QQQ also drop more than 2% during the pre-market. Today will be a difficult today to trade, support and resistance will not be that matter anymore but I will focus to look at the trend and good entries reward to trade. If I could not see the trend and setup clearly, I will not trade.

1)Bullish: None position or any setup for bullish today. But if I have to look – 296.73 is at my interested price to go LONG
2)Bearish: Broke any support at 291.64; 289.95; 287.93; 286.77, I will interested go SHORT and Trade some breakdown setup as well as trade2hold and reason2sell.
3)Reversal: None – today is a day that all the intra day trader should be careful about all of the setups. Price could go sideway or even not moving.

What I did Right:
I didn't have any morning position as I planned because I already see how difficult market today to trade at. No volume, no breaking point, and moving side way. And I'm happy for this decision is because the market pretty going side way, slow volume and no trend.

Where I could improve:

If I did not trade in the morning with this difficult market day (sell off due to Inflation rate). I should not trade near noon as well. If no volume, no trend, no bid price action. Please don't trade. Took small loss, but still it not worth it.

Trade grade: C