TSLA Trade on Apr 2, 2018 09:34 from E-Money: Tradervue User Stock Trades.

4/2/18
TSLA

Negative news and high relative volume; had an initial target price of $250 support if TSLA gapped down.
-Stock had potential to move 10+ points, based on previous daily price action.

9:34- Saw tight consolidation/descending triangle. Shorted 100 shares at $252.52, stop at $256.49, giving it to above the high of the descending triangle.

9:42- Trimmed 50 shares at $251.01, and remaining 50 at $250.80.
-Exited too early, should have held entire position to at least or as close as possible to the $250 support.
-Wanted to wait for a pullback to enter stock, but TSLA ended up playing in a range.
1) May use small size to test range-bound plays to develop a setup.

-Once TSLA broke through support, it should have been a signal to continue shorting the stock. Missed out on multiple opportunities to make money on this trade (including range plays) because of P&L trading.