$TSLA either rebounds from this long term quarterly mode or it's 'dead'. I like the news of T Rowe Price liquidating their positions for a long term bottom signal and I like the risk reward and overall the long term growth potential $TSLA has... I'm long from here with significantly big position, risking 1% if price falls 1 daily ATR below this support.
My last $TSLA long was stopped out btw, but I did exit some winning positions at the top following the post earnings rebound.
Best of luck,
Ivan Labrie.
My last $TSLA long was stopped out btw, but I did exit some winning positions at the top following the post earnings rebound.
Best of luck,
Ivan Labrie.
Trade closed: stop reached:
Stop for the long trade was hit. I'm not too sure Tesla will recover before going lower thus this trade idea is now invalid.
Trade active:
Just bought back.
