TSLA Short Opportunity
Updated
TSLA has a perfect short swing trade since 18/09. This is confirmed today as the stock droped below $260 key level - pre market.
Another confirmation that a key ascending trendline on the 4hrs chart has been broken pre market. it marked as white line.
My trading plan for the day is to see how it will react to this level - i need to see it retest and then enter my short position. this is perfect Risk Reward percentage and can played as day trade or swing trade.
Entry : 260
Stop Loss : 262
Take Profit: 242
Another confirmation that a key ascending trendline on the 4hrs chart has been broken pre market. it marked as white line.
My trading plan for the day is to see how it will react to this level - i need to see it retest and then enter my short position. this is perfect Risk Reward percentage and can played as day trade or swing trade.
Entry : 260
Stop Loss : 262
Take Profit: 242
Note
It's Workable !!! Day traders can take profit multi days from this idea. swing players can take some profit and leave the play to last target
Trade closed: target reached
This was so quick, congrats to all who captured this early. Have a nice weekend
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