TSLA was really strong as it broke out on the daily.
I had the 300-301 level as resistance.
My Entry was ok, but a bit too early. Really should have waited for a clear signal like a lift above a level and then use the drop back below it for an entry. I was kind of worried for a moment once the highs of the small DC broke.
Lucky(!) it was just a spike and higher prices were rejected. I though about adding to my position, but hesitated. See this so many times and I have the impression it would always work after such a hard reject.
TSLA remained strong though and was not willing to move very low. My target was not filled until the 300 level finally broke.
Glad I took another partial at 300 when the level lifted. Good Job.
Stopped out on the last piece break-even. Not the best exit, but a green trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-02-26 11:28:00 | TSLA | sell | $301.130 | short |
2019-02-26 11:37:00 | TSLA | buy | $300.100 | short |
2019-02-26 11:43:00 | TSLA | buy | $300.000 | short |
2019-02-26 11:45:00 | TSLA | buy | $301.100 | 0 |
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