Entry was not too bad, but not good. I did bad taking my partials. The trade did not resolve immediately. TSLA had Earnings, but traded rather slowly upwards and I was worried about it being another WHR kinda run.
Resistance: 300 305-306 (309) 311
311 stuck!
On the retest and a decision-candle forming I took a stab, but did not wait for the confirmation by break of lows as TSLAs spread was wide. 307 held ot eventually break, but my first target did not get touched.
307 was tested soooo many times but I gambled and did not take it off break even. REally anticipated the crack. I was fearing to miss it.
Level held and TSLA made a run up.
I did not like the price action for an add to eventually miss the drop at 311. The level I should have waited for in the first place!
TSLA dropped and sold off nicely. I took a partial loss at 308 and rest off break evenish.
Of course, TSLA sold off further to hit VWAP. Who would have thought. I did not deserve to be part of it as my entry was not good once again.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-31 10:24:00 | TSLA | sell | $307.070 | short |
2019-01-31 11:18:00 | TSLA | buy | $308.180 | short |
2019-01-31 11:22:00 | TSLA | buy | $307.140 | short |
2019-01-31 11:24:00 | TSLA | buy | $307.120 | 0 |
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