TSLA Trade on Nov 8, 2018 10:03 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Perfect Backside-Trade in $TSLA for a Top Reversal

I did way better in $TSLA when I saw it make a high and a higher high into 357.

As for levels I had 347 341 adn 336 for support and 351 355.50 363 and 367 for resistance. 

Out of the Open I was here also hesitant in taking a stab when it tested its previous days close at 348. $TSLA tested twice, but I did not have it in me yesterday and just watched it as volume also was rather low.

However I had my eye on a backside-trade at 357. Unfortunately I thought I missed my opportunity when $TSLA pulled back all the way to just above VWAP. But $TSLA pulled back and made a move back up and I gave it a stab when I saw a Big Order sit at 157. 

$TSLA was to retest the highs before selling off hard. As the distance to VWAP was a little too small for my taste I took profits a bit early, but scaled out well. Did really good on my last exit on the move back above 353.


Execution detail:

Date/time Symbol Side Price Position
2018-11-08 10:03:00 TSLA sell $356.800 short
2018-11-08 10:05:00 TSLA buy $355.640 short
2018-11-08 10:06:00 TSLA buy $354.680 short
2018-11-08 10:08:00 TSLA buy $353.540 short
2018-11-08 10:19:00 TSLA buy $352.991 0


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