Shared by
boldandnuts
TSLA gapped up and found resistance at 344 during premarket. My bias for TSLA was long above 344 with 340 being of significance below.
Below that I had 334, 326, 324 for support and 355, 363, 367 above for resistance.
Coming closer to The Open, TSLA looked weaker than I thought it would. On the Open TSLA spiked lower to test 335 and did not get to my planned Entry for a long at 334. Kind of hesitated.
TSLA bounced and I watched the test of 344 to initiate a short above it. TSLA spiked higher and my Order at 347 wasn't filled as I was too slow.
On the retest of 344 for a possible bounce I took off half. TSLA was weak and sold off further to VWAP where I took of the rest. Good Trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-10-29 09:36:00 | TSLA | sell | $344.490 | short |
| 2018-10-29 09:41:00 | TSLA | buy | $344.120 | short |
| 2018-10-29 09:43:00 | TSLA | buy | $342.000 | 0 |
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