Shared by
boldandnuts
Trading TSLA really rocked! It traded nicely in a wide range after an initial run. Volume low and trading slowly, but putting in good range. Gave it enough room.
TSLA caught my attention when it traded 289 again.
Right into the earlier HoD it formed a beautiful rejection Decision-Candle. I was very patient and waited. I used the break of lows and break of half dollar for an entry with a hard stop above highs. Even though it felt wayyy to far away.
TSLA traded against me and I was always about to take off a partial to reduce my stop loss.
Glad I stuck with it and the stop above 289. It never traded above it.
Profits at full dollars and on the move down. Even kept a piece for a potential drop to lows. Great Exit here as well.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-01-24 11:09:00 | TSLA | sell | $288.460 | short |
| 2019-01-24 11:11:00 | TSLA | buy | $288.020 | short |
| 2019-01-24 11:12:00 | TSLA | buy | $287.060 | short |
| 2019-01-24 11:12:00 | TSLA | buy | $286.650 | short |
| 2019-01-24 11:25:00 | TSLA | buy | $286.400 | 0 |
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