TSLA
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.
Comment:
TSLA
Launching here! Looking Good.
TSLA
Launching here! Looking Good.
Comment:
TSLA
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.
TSLA
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.
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.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.