Trade Idea #47 - $TSLA - Is it time to buy?

2016年2月5日

Tesla is looklng deeply oversold and the earning report may be brutal. Or it might just be a set-up I am willing to take.

Reasons

• 1D RSI oversold deeply.
  
• Entire market ready to bounce.
  
• Squeeze looks imminent.
  

My stop is soft through 145-150.

Correct position sizing for these high % swings is crucial.

Good Luck

2016年2月6日

註釋

For some reason the long R/R setup is not shown.

Entry: 160
Potential first Target: 195
Stop: Soft through 145-150

2016年2月9日

手動結束交易

Was watching this one closely. Thank God for the Dump and pump I was able to exit near $153. 5% loss on capital.

2016年3月3日

註釋

Initial target hit.

2016年3月11日

註釋

It was time to buy. :)