PM_ME_PYTHONS

TSLA Long Monday intraday movement

Short
BATS:TSLA   Tesla
This is my predicted price action for Monday 4/29. I will update the trades I take as the day goes on, obviously if price action moves against me completely I will have to change my strategy. This may include me not taking a trade on TSLA at all for the day. To make this price prediction I only used VWAP and Volume Profile
Comment:
So obviously TSLA had different plans for what was going to happen and gapped all the way to 188
Comment:
After hitting +2 sig early in the morning and then making a move down to -2 sig it crossed back through the VWAP and is now walking the +2 sig band, while retracing down to +1 sig before tracing right back to +2
Comment:
I haven't traded TSLA at all today, but next time it hits the +1 sig band I will be loading up on 197.50 TSLA calls for this Friday
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.