Steversteves

TSLA: Let's try it again

Short
Steversteves Updated   
NASDAQ:TSLA   Tesla
My last idea didn't work out too well. Proposing a long during a massive capitulation event.

Since then I just ignored it. But I have revised my math stuff for TSLA and added the momentum studies into the probability assessment.
So please know, this week is a pilot. I will be trading this idea, but on small size (like 1 put option). This is more just testing to see if these revisions work.


On Momentum and Technicals this is bearish. Momentum is bearish 100%, technicals are bearish 2:3.

Price targets are in the chart.


Not advice.

Safe trades!
Comment:
Entered Monday 100 shares of TSLQ at 200.62 avg.
Added another 100 today at 202 avg.
Comment:
I closed this position out at a minor win after doubling down excessively.

BUT I wanted to issue a heads up.

Watch TSLA closely tomorrow if you are a day trader. It may be going to the high prob zone sooner than you think.

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