TSLA Trade on Oct 25, 2018 09:30 from boldandnuts: Tradervue User Stock Trades.

Gravatar

Shared by
boldandnuts

 

TSLA gapped up after preponed Earnings

That I kind of expected. Why else would the prepone their Earnings if not for positive news?

I had the 310.50 to 311.50 Level with its SMA100 and SMA200 written down for a general line in the sand.
For Support I had 307, 300 and 295 and for Resistance my Levels were 326/334 (Gap), 342 and 350.

To be honest, I wanted to see a test of its SMA200 before going long and expected a selloff to that Level out of the Open.

When $TSLA looked like it stalled at the Open, I initiated a short rather erratic and kind of regretted it the first moment, but stuck to it with a 321 Level above for an add. To lift my average above VWAP and a possible retest of it on a pullback or even crack to the SMA200.

I missed the 321 test being occupied with other trades.

When I saw TSLA sell off hard and crack VWAP I took a partial at premarket lows below 315 and the last piece off on the spike down to the SMA200. Not expecting it would crack. Wow. What a move in minutes.


Execution detail:

Date/time Symbol Side Price Position
2018-10-25 09:30:00 TSLA sell $317.730 short
2018-10-25 09:32:00 TSLA buy $311.500 short
2018-10-25 09:32:00 TSLA buy $314.520 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in