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Tesla reports Q4 earnings: Weak sales and lower margins
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$Tesla (TSLA.US)$ Caught the short trade setup going down at...

$Tesla (TSLA.US)$ Caught the short trade setup going down at 189, rode a position to 184 something, stopped out at 185.10. It was obvious this was a support area, but I called it a day, didn't hang around for the ride back up to current 188. My point in making this comment is to show that this is what I look for in a trade setup,: resistance and support areas, placing a trade, and riding the momentum either up or down. I don't have to catch the exact bottom or top to get in, although sometimes I do. A couple red or green candles tipping off a move to the opposite of current direction is what I look for.
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