jaxdog

$TSLA Reclaims All Major Moving Averages

Long
jaxdog Updated   
NASDAQ:TSLA   Tesla
TSLA I have taken a full sized long position pre-market on CPI news coming in at to under expectations.

I like that it has regained all major moving averages, and this gives me a very good risk reward entry. My stop will be below yesterday’s low of $174. It is even possible that I may close it out before that if it starts dropping today. All TBD.

See chart for more details.

The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.

Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
Comment:
Well, this is sucking right off the open! Still holding tho.
Trade closed: stop reached:
I hope none of you followed me into this trade. It was a bad call. I am out for a 4% loss. Back to the drawing board.

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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