TSLA Trade on Jun 8, 2023 10:00 from Dandres: Tradervue User Stock Trades.

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Dandres

 

One of those stocks you trade normally
- I was watching this for the break of the consolidation level.

Open
Trade 1: I took my first entry during the consolidation level when the price action started curling back up. As soon as it broke I added. I was holding and got nervous on the strong pullbacks. so I took my partials but as can clearly be seen, the stock definitely climbed much higher.

Reflection
- It was a nice trade with good indicators. Volume, levels and simultaneous chart confirmation.
- Im liking the break of consolidation trades, they seem to work well especially because usually you are able to tell which way its going to break by using the consolidation action itself just like i this trade how even though it was trading during the consolidation range it was trading higher in the consolidation range.
- This trade had nice targets but I chickened. I need to take my partials at the peaks of the legs and hold carefully during the consolidation.

Break consolidation --> Take partial top/bottom of first leg --> Hold consolidation --> If breaks against you sell, if only moving slightly, hold strongly.


Execution detail:

Date/time Symbol Side Price Position
2023-06-08 10:00:47 TSLA buy $227.010 long
2023-06-08 10:03:19 TSLA buy $227.640 long
2023-06-08 10:07:18 TSLA sell $227.820 long
2023-06-08 10:09:33 TSLA sell $228.110 long
2023-06-08 10:10:12 TSLA sell $227.550 0


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