TSLA Trade on Mar 1, 2019 10:12 from boldandnuts: Tradervue User Stock Trades.

Well! NEWS came out the night before that TSLA would offer the 35k Model 3 and reduced prices. Market seemed not happy.

TSLA sold off further than I had imagined. 291 was the lowest support I had down. After my first attempt I kept it on watch as it traded on very good Volume and moved nicely.

When TSLA traded below 296 and even below 295.50 and started to look like it would consolidate, I took another shot. But instead of taking it off again I stuck with it as I took only small size. That was ok.

TSLA then found support at 293. When it dipped below and tested .90 to find support I used the reclaim of 293 as trigger for my Entry! Great Add. But I must have taken more size!

On the way higher I scaled out as I still did not feel comfortable even with the small size I was trading. As bids came in and TSLA was moving great I really wanted to see VWAP test. Hence I stuck with the rest.

TSLA sold off again and made a move even lower. It found a Bottom above 292, but I was patiently watching it. Instead of jumping in I waited for 292 actually test, drop, find a bid and trigger my add with the reclaim of 292. Wonderful add!

This lowered my Average nicely to 293ish.

I scaled out in tiny increments. Way too many increments in hindsight, but made good profit over all as I waited for 2$ from the lows to start doing so respecting my 1$ target. Really was milking it. Great Exit! Great Trade :-D Patience is key!