TSLA Trade on Nov 18, 2019 13:45 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent highs.
- TTM Squeeze: 1h
- Earnings Date: 1/22-

Reason For Entry:
- Playing the 1h chart. TSLA is in a nice pattern of consolidation below recent highs. It has a high short float of 22.31% which adds to the probability for it to pop to new highs. This is a day trade and the Options expire this Friday. I am looking to only hold for 1 day and will look to close the position tomorrow sometime. Will close the position for a win or stop out below $347 area which is below the 50sma and bottom Bollinger Band. This is a small position (around 1/3 size of a full position).
Reason For Exit:
- 11/19 closed the full position (1 contract) at the new high mark for a nice win.

Recap:
- Nice entry at the buy zone below the 21 ema and nice exit at the new high mark. Note: Had my minimum entry been more than 1 contract, then I would have scaled out half at the new high mark and the other half at the 127.2% Fib extension.