TSLA Trade on Dec 30, 2022 09:37 from rrodriguez: Tradervue User Stock Trades.

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Shared by:
rrodriguez

 

Shares traded: 16
Closed Gross P&L: $-14.00

Tags:

AssetTypeEquities CatalystNo Discretionary Floatover50MM Frontside ShortFloatlessthan5 TimeframeRegularSession TradePatternORB5min IndustryAutoManufacturers

Rvol:1.47
Float: 2.69B
Market Cap:388.97B
Short Float 2.82%
Catalyst: None

The set-up: 5 min ORB
What I did Right: Applied the plan
What I did Wrong: TSLA did not Gap up, in fact, opened below the close. Avoid it if there is no gap up.
Where I could improve: ORB only on Dollar Gainers to look for stocks with gap ups.

Trade grade:C

Big-picture: Day 2 of hitting a record low.
Trade parameters:123.05 x 119.76
Entry:5min ORB
Trade Management: Observed structure, did not want to respect the bottom Flag support, called it early. Would have broken even at end of day.
Exit: called it early.
image


Execution detail:

Date/time Symbol Qty Price Position
2022-12-30 09:37:13 TSLA 8 $123.350 8
2022-12-30 11:12:28 TSLA -8 $121.600 0


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