Get started

Stoploss

CLV:ASX - CLEARVUE TECHNOLOGIES - Glass into Solar PanelsI like the idea that ClearVue Technologies produces clear glass that generates electricity as well as that they are happy to grow their business through licencing and royalty payments (I've been watching too much of Kevin O'Leary aka Mr Wonderful on Shark Tank). Looking at all the sky scrapers and buildings in modern cities you know at some stage they will all become giant solar arrays. Up just under 500% since their March lows, but still a long way way from their previous all time highs I like the idea. They just need some more sales on the board. Could be worth a watch.
ASX:CPVLong
by zAngus
6
AL3:ASX - AML3D - 3D Metal Printer - Up 320% since debutAL3 was pointed out to me by @zbfairlane here on TV. Company looks interesting. I would imagine the ability to be able to 3D print metal is definitely something we are going to see more and more of as opposed to the traditional making a cast and pouring, welding and shaping. If its anything like household 3D printing it should allow for some complex shapes and approaches in industrial design and manufacturing we perhaps haven't seen before. Had a big 10% pullback today on no news so could be a good entry area if interested. Worth a watch.
ASX:AL3Long
by zAngus
Tesla (TSLA) - selling/stop-loss priceThis is an idea about when to sell Tesla shares following on from the split and subsequent price fluctuation. --- Summary - TL/DR: For a trading position taken near the recent trough in price (around $329 on 08 September 2020), $427 is a balanced exit price, based on recent trend lines , that reasonably protects profits and avoids a potential bear trap driven by price fluctuations. --- With the price having dipped following on from the stock split (and possibly SoftBank induced market moving trades) but now having regained some of its value, this might be a good time to exit a position for those thinking of taking profit. This is also perhaps an opportune time for some profit protecting stop-loss implementation. For the record, before we go any further, I am overall optimistic on Tesla performance (car and share price) and I think in the long term this stock has value. However, some people (myself included) might be thinking about protecting profits and setting stop losses based on recent price volatility . Note: 1, 2 and 3 refer to Trend Lines 1 (green), 2 (blue) and 3 (yellow). The idea behind this exit price is that the entry price was near the recent trough of around 08 September 2020. 1 shows that generally the Tesla share price has followed the support trend line and analysis based on trend lines generally have merit for this stock. This is evidenced in particular by how the price bounced upwards around this trend line on 08 September, the most recent price trough. However, for those that have purchased recently, using this support line as an indicator for selling or setting a stop loss would not work because the entry price would be higher than the support line. Thus a trend line following the price closer to what it currently is is needed. Drawing a trend line , 2, from the most recent trough (early September) would be better but would mean surrendering a lot of profit due to the line's angle if a selling price was based on this trend line . It would be better to have a trend line that more closely aligns to the current price, which leads to 3. As the recent two daily sessions have shown, the price is starting to move sideways and is generally starting to form a flag pattern . Although it's too early to say if this is a wedge or a rising / falling flag, the previous two sessions are enough to set a trend line tighter to the recent price, i.e. 3. Using this trend line , the support price for the next few day would be around $441. Using a 3% penetration level for confirmation of movement below the support level and to avoid a bear trap (a penetration level of 5% combined with a 3 day filter to account better for Tesla's volatility might also work, however has a higher risk of reducing profit substantially if the price declines dramatically as Tesla's is prone to sometimes doing) gives us a price of $427. Which is what I think is a good price for a balanced exit strategy/stop-loss particularly if the entry price was near the recent trough of 08 September 2020.
NASDAQ:TSLA
by slip_stream
1
Tesla (TSLA) exit / stop-loss priceThis is an idea about when to sell Tesla shares following on from the split and subsequent price fluctuation. --- Summary - TL/DR: For a trading position taken near the recent trough in price (around $329 on 08 September 2020), $427 is a balanced exit price, based on recent trend lines, that reasonably protects profits and avoids a potential bear trap driven by price fluctuations. --- With the price having dipped following on from the stock split (and possibly SoftBank induced market moving trades) but now having regained some of its value, this might be a good time to exit a position for those thinking of taking profit. This is also perhaps an opportune time for some profit protecting stop-loss implementation. For the record, before we go any further, I am overall optimistic on Tesla performance (car and share price) and I think in the long term this stock has value. However, some people (myself included) might be thinking about protecting profits and setting stop losses based on recent price volatility . Note: 1, 2 and 3 refer to Trend Lines 1 (green), 2 (blue) and 3 (yellow). The idea behind this exit price is that the entry price was near the recent trough of around 08 September 2020. 1 shows that generally the Tesla share price has followed the support trend line and analysis based on trend lines generally have merit for this stock. This is evidenced in particular by how the price bounced upwards around this trend line on 08 September, the most recent price trough. However, for those that have purchased recently, using this support line as an indicator for selling or setting a stop loss would not work because the entry price would be higher than the support line. Thus a trend line following the price closer to what it currently is is needed. Drawing a trend line, 2, from the most recent trough (early September) would be better but would mean surrendering a lot of profit due to the line's angle if a selling price was based on this trend line. It would be better to have a trend line that more closely aligns to the current price, which leads to 3. As the recent two daily sessions have shown, the price is starting to move sideways and is generally starting to form a flag pattern . Although it's too early to say if this is a wedge or a rising / falling flag, the previous two sessions are enough to set a trend line tighter to the recent price, i.e. 3. Using this trend line , the support price for the next few day would be around $441. Using a 3% penetration level for confirmation of movement below the support level and to avoid a bear trap (a penetration level of 5% combined with a 3 day filter to account better for Tesla's volatility might also work, however has a higher risk of reducing profit substantially if the price declines dramatically as Tesla's is prone to sometimes doing) gives us a price of $427. Which is what I think is a good price for a balanced exit strategy/stop-loss particularly if the entry price was near the recent trough of 08 September 2020.
NASDAQ:TSLA
by slip_stream
DJI: A nice little find - parallel channelIt doesn't matter what time frame you find stuff. Just share. That's what I do, so others can benefit (if they manage their losses properly). The 15 min channel is so curious. The obvious questions that will pop into minds are like: 1 - is that for real? 2 - how far will it go? It is real - if you see it. How far - nobody knows! Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FOREXCOM:US30
by Captain_Walker