Shared by
boldandnuts
I kept watching TSLA. The only stock that showed somewhat of movement for the day. After it rejected the SMA100 at 318.50 pretty much to the penny and I was too hesitant to place my offer there I kept watching it.
On the backside and towards 318 TSLA showed some slowing down and when I saw it on a false attempt to break out to the upside I gave it a shot when the spread was quite narrow and it looked like it would drop soon.
It took a moment to resolve. Did good on my first partial, but really messed up on the second as I was too impatient to wait for 315 to hit.
Eventually took the last piece off as well as I did not want it to retest highs and stop me out. Little better than nothing. It looked like to break out, but did not. Still good trade and perfect setup.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-02-11 10:22:00 | TSLA | sell | $317.390 | short |
| 2019-02-11 10:23:00 | TSLA | buy | $316.510 | short |
| 2019-02-11 10:25:00 | TSLA | buy | $316.000 | short |
| 2019-02-11 10:37:00 | TSLA | buy | $316.360 | 0 |
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