Author: profscripter
-
TSLA Intraday Ranges, Downward Pause, Low Market Volume on Fri, Jan 5, 2023
Backdrop Surprisingly strong employment numbers. EV tax credits future skepticism. Car margins shrinking. Market down days might need a break. Daily Chart Flat day with slight upward bias after 5 prior downward days. 3-Minute Chart 4 good swings followed by flat close. Consolidating price stayed within the night range, with low daily range at 63%…
-
Stopping Out
You never know when the market will get surprised and make a bar that blows through everyone’s stops.
-
Day Trading Strategy: Find Big 15-Minute Bars
Having a strategy is essential. Let’s think about one around big 15-minute bars.
-
-
Friday TSLA Drop Under $200
The day range beat yesterday, having a somewhat strong downward direction, hovering below $200, with a range of 110% ATR.