TSLA Trade on Mar 28, 2024 09:33 from Dandres: Tradervue User Stock Trades.

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Dandres

 

One of those stocks that you watch

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  • Strong false break that came up to engulf the previous bearish candle. first entry on the range breaking and second entry at the break to the upside. First partial at the break up and rest at break even on an equally strong retraction. At this point I noticed the price action was definitely on the chop side and assumed some caution.

Reflection

- 3 indicators? Yes, huge false break with engulfing.

- Scaling? Proper and called for.

- Partials? At the initial break out and the rest at the break even on the rejection of a further breakout. Rewatching the lvl 2 and tape, did notice a lot of selling pressure, could considered this an indication of a slowing move.

- Risk management? Small winner to break even on the day proper entries and stops placed.

- What went right/wrong? Trade execution was fine.

- Successful trade? Yes.


Execution detail:

Date/time Symbol Side Price Position
2024-03-28 09:33:44 TSLA buy $177.670 long
2024-03-28 09:33:49 TSLA buy $177.880 long
2024-03-28 09:34:35 TSLA sell $178.964 long
2024-03-28 09:35:34 TSLA sell $178.020 0


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