My Swing Trading Approach I closed out my one long position early on Tesla (TSLA) and added an additional short position before anything ran hard against. Yesterday proved to be a very profitable day, and will look to add more short positions today, if the market has more downside in the cards.Â
Trade opportunities to keep an eye on The first two trading days in April have been pathetic in terms of trading opportunities to cease. Essentially if you haven’t traded Amazon (AMZN) or Tesla (TSLA), you found yourself on the outside looking in. So here’s to hoping that the coming days, whether it be
Tesla Stock Analysis: The Technical Picture Tesla (TSLA) reported earnings last night and while it was received well initially, the Tesla stock price today is getting hammered as traders woke up to a totally different situation this morning. Tesla shares sold off by by the biggest amount that we have seen since the massive
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I like the trade setup in Tesla (TSLA) here. I think it provides a clear reward/risk parameter, and if earnings were not on August 3rd, a clear path to $270/share. With earnings you never know how things are going to turn out, which is why I don’t hold stocks through those events. It is
Technical Outlook: Quiet move in the market on Friday that led to another nice gain for the bulls. Slight uptick in volume on Friday but well below recent volume averages. This market has all the makings of a market the wants to continue to move higher, however, there are numerous resistance levels overhead between the
Trading is setup to create maximum frustration and elicit maximum emotion from the trader. Trading is not meant to be made up of clear cut decisions that are easy to make nor decisions that won’t lead to regret. I want to build off of the post I did yesterday entitled, “Emotions Are Part of Trading
5/26: Short-term cup and handle. There is some resistance overhead with teh 200-day moving average, but also has some decent support underneath with the 5-day moving average.It is hard to get a good risk/rreward entry on $TSLA so, it can require being aggressive on the entry.
The profits continue to increase in May – Don’t let the month waste away without at least signing up for a Free 7-Day Trial to the SharePlanner Splash Zone! With your membership, you will get each and every trade that I make with real-time text and email alerts (international too) as well as access to my