TSLA Short - MyMI Option Plays
Aktualisiert
After breaking support around the 187s, we're now looking to see if it closes below those levels and continues to the downside of about $160.
As most have pointed out, we still have a $154 Gap from Mid-Jan when TSLA begins the recovery in this longer-term downtrend that we've been in since the drop of the price from the 400s. So potential to see that Gap Filled of course before determining the moves forward.
We will be looking for a potential bounce back to the upside during the Intraday Trading Session we will look to potentially enter some Shorts that are a little longer term to lower our Theta Drain while TSLA takes it time to make it back to those $160 Levels.
As most have pointed out, we still have a $154 Gap from Mid-Jan when TSLA begins the recovery in this longer-term downtrend that we've been in since the drop of the price from the 400s. So potential to see that Gap Filled of course before determining the moves forward.
We will be looking for a potential bounce back to the upside during the Intraday Trading Session we will look to potentially enter some Shorts that are a little longer term to lower our Theta Drain while TSLA takes it time to make it back to those $160 Levels.
Anmerkung
Momentum Indicators removed for clarity: Anmerkung
15-Min Chart - Momentum Indicators removed for clarityAnmerkung
Updated on this short trade. TSLA is following that downward arrow that we identified. Curious to see how the markets react to J Powell's testimonial to Congress today regarding the state of the economy.
Anmerkung
Just wanted to update you all as we're still holding the shorts that we posted above which is why we haven't made any new updates. Anmerkung
Notes on closing trade are in the chart.
Stay tuned for more as we use the above chart for our next trade idea
Connect with us to show your support, discuss more, and growth with us at MyMI Wallet! Website in signature
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.