307.50 was a pivot in TSLA and gave support after the test and spike into 307 a bit earlier.
The pivot held for quite a while and when it looked like some small consolidation candles formed I used the breakout for an entry. It made a move at first, but had no follow through.
TSLA traded on low volume and spready jumpy.
Took the trade off too early into the 307.58 as a drop of that level would have given me 40 cent slippage at best.
The support held again though but eventually TSLA traded lower.
Would have been a good support play and to buy the 307.50 tests...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-02-13 11:07:00 | TSLA | buy | $307.770 | long |
2019-02-13 11:09:00 | TSLA | sell | $307.580 | 0 |
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