Short Idea.
Since the start of 2023, TSLA has been in a daily uptrend and has seen increased volume from the lows, implying heavy buying < 120. A distribution has been built > 170, but price has been having trouble sustaining > 200.
Price is currently 189, and trading under 200D, and has recently started trading under 20D and 50D. Price is trading at the lower end of the built distribution. This implies that price may want to explore lower and further develop the lows.
Short targets: 189 / 196
Profit targets: 180 / 172 / 164 / 152
Trade is invalidated > 200.
Since the start of 2023, TSLA has been in a daily uptrend and has seen increased volume from the lows, implying heavy buying < 120. A distribution has been built > 170, but price has been having trouble sustaining > 200.
Price is currently 189, and trading under 200D, and has recently started trading under 20D and 50D. Price is trading at the lower end of the built distribution. This implies that price may want to explore lower and further develop the lows.
Short targets: 189 / 196
Profit targets: 180 / 172 / 164 / 152
Trade is invalidated > 200.
交易進行:
BOT VERTICAL TSLA 100 (Weeklys) 26 MAY 23 165/150 PUT @3.02 ISE
SL: 2.6
SL: 2.6
交易進行:
Currently 3.63 (~20%), so will trim at 4.
Will move stop to BE at that point.
Next trim after that will be when TSLA <= 172, or @ 5.00. We'll see.
Will move stop to BE at that point.
Next trim after that will be when TSLA <= 172, or @ 5.00. We'll see.
交易進行:
Decided to trim early @ 3.6.
In 75% position.
Stop still 2.6.
In 75% position.
Stop still 2.6.
交易結束：目標達成:
Out core @ 5.5 this AM. In runners only with trail stop of -1.0.
Good trade ya'll 🤝🏽
Good trade ya'll 🤝🏽
After that, next trim at 165 (or earlier if market conditions change)