Friday was an amazing day for being long on Tesla, and in this small blog we have taken to write up the trade [ LINK ] as part of our Retrospective Activities. Tesla has been on a bit of a rebound over the last few weeks and was carried higher on Friday with the indexes.
To be successful with this trade setup you need to be reading the Multi Time Frame on the stock, and have your Moving Averages turned on. It took a while for it to get going, but TSLA ended up rallying for a second day to an upper Point of Interest Narrative.
200 ma support will generally hold if the indexes are holding and that was the case with TSLA.
Martin Davies | Causal Capital
TSLA offered multiple entry opportunities on Stocks and Call Options for a profitable long trading strategy.
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