Thursday, January 16, 2020

Tesla Motors - $4500 at 3am Short Selling





Shorted Tesla Motors after my USA sharing session on US stock last evening per the link below.

http://stockmarketmindgames.blogspot.com/2020/01/a-us-stock-preview-late-night-game-plan.html

Went back quickly and started monitoring Tesla's price movements. The stock gap down and then recovered up near the supply zone which I taught in my class earlier in the morning. The bearish signals were there and it warrants a confident short sell positions. Click below to see my yesterday morning sharing sessions on short selling.

http://stockmarketmindgames.blogspot.com/2020/01/a-short-selling-seminar-how-to-short.html



Since all signs were pointing towards a selling night for Tesla, I was just looking for a good entry and then took actions short selling it. I was in deficit after I shorted as the stock went up instead. However the buyers weren't strong after an hour of trading while soon the sellers took over and started to command the buyers. Tesla became weaker and weaker and suddenly it broke down with speed and volume. It was 3am while I was still thinking of Tesla's position and saw that there was $4500 profits at demand area so I went on to lock in profits. I shot a LIVE video for the whole trade and will post on my Youtube soon. If you want to watch and learn how I did it, click on my Youtube channel on the link below and subscribe.

https://www.youtube.com/user/stockmarketmindgames

Or you can follow me on Instagram to see my live trades.

https://www.instagram.com/ronaldkstockmarket/

Ronald K - Market Psychologist - A Stock Market Opportunist