Long

$TSLA Right at Resistance.

Updated

I had an alert set on the Area of Resistance Line on this chart. It triggered this morning and I have taken a ½ size position in anticipation of that becoming support. I do not know if it will play out that way so I have a stop under the 50 DMA (red) which would a 4% position risk. Should it move up and over the resistance area I will look to add. All TBD.

The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.

Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.

Note

Launching here! Looking Good.

Note

Seems to be range bound for the last 12 - 13 trading days. I would be happy to see it drop to the lower range, which looks to be supported by the 50 DMA, and then go long if / when it starts moving back up. It needs to get up and over the $183 area and hold for any longer term idea. IMO. For now, any trade I do will only have a 4% to 5% move anticipation. I am not currently holding TSLA. These are my ideas, I am not predicting any type of move.

Note

Coming down to the 50DMA this morning. I am looking for this area to hold. If it does "when / if" there is a reversal I will look to go long with a tight stop below what ever low it sets. All TBD.

Trade active

I am in here on the 6/20 MACD cross. My stop is just below today's low.
Let's see what happens.

Trade closed manually

I do not like how this is selling off this morning. I took a very small loss. I will make a new post and idea if this sets up again.

Note

What a 56 Billion $ pay rejection did...

jaxdog

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.

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