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Tesla Motors Inc. Trade Analysis by priceSeries
NASDAQ:TSLA

Tesla Motors Inc. Trade Analysis
NASDAQ:TSLA

Full Trade Animation

The example has been compiled using a trader profile described below. The trading approach illustrated here is not perfect.
One could increase their profitability by taking higher trading risk.

Trader Profile

Suzie is a full-time student. She is a moderate risk taker and is a low risk profile trader. She loves to trade technology companies. She is a knowledgebale technical trader.

Suzie uses priceSeris platform to identify new trades in tech companies. She utilizes priceSeries TOP PICKS and evalautes them technically before investing. She loves priceSeries opportunity filtering and sorting capabilities as it helps her to quickly identify the trades she whants to enter.


Day by Day Analysis

Day 1

Analysis

  • System identifies the trade, shown by BLUE UP Arrow.
  • Green dot above the candle indicates that the up thrust is higher than previous trading day.
  • Current Traget is at $196.35
Trading Risk: Very High

Trader's Actions

  • Technical Traders may decide to enter the trade after checking the technical indicators
  • Non Technical Traders must wait for a confirmation of uptick. The sudden move could also be temporary based on market news.

Day 2

Analysis

  • Today the Up Thrust is GREEN.
  • The algorithm qualifies the trade as a TOP PICK.
  • Today's move also breakout of previous target at $196.35
  • New Current Target is $199.52.
Trading Risk: Moderate

Trader's Actions

  • All Traders can enter the trade with relatively low risk because the trade is a TOP PICK and has Broken Out of it's old target.
  • Traders can place orders with their broker to but the stock next day. The BUY Price should be above $197.42.

Day 3

Analysis

  • Today the Up Thrust is GREEN.
  • Today's move also breakout of previous target at $199.52
  • New Current Target is $205.50
  • The stock closes at $201.04. The BUY orders above $197.42 are filled.
Trading Risk: Moderate

Trader's Actions

  • Trader buys 100 shares at $197.50
  • Immediately after purchasing the stock the trader puts a Stop Loss order for system suggested Stop value of $174.38 or any value trader feels appropriate.
  • Closing price is $201.04
  • Net Gain by the trader (201.04-197.50)*100 = $354 or or 1.79% gain

Day 4

Analysis

  • Today the Up Thrust is GREEN.
  • Another opportunity for new buyers to enter the trade.
Trading Risk: Moderate

Trader's Actions

  • Closing price is $205.29
  • Trader sets the new Stop value to $192.58
  • Net Gain by the trader (205.29-197.50)*100 = $779 or 3.94% gain

Day 5

Analysis

  • Today the Up Thrust is ORANGE.
Trading Risk: Moderate

Trader's Actions

  • Closing price is $202.60
  • Trader sets the new Stop value to $192.58
  • Net Gain by the trader (202.60-197.50)*100 = $510 or 2.58% gain

All days in Trade

The Trader continues to update the Stop price daily until the SELL is issued by the system or the Stop Loss order is executed.

The Trader can get out of the trade anytime they are uncomfortable.

Day 15

Analysis

  • Today the Up Thrust is ORANGE.
  • We are probably nearing the end of the trade. New Entries are risky.
Trading Risk: High

Trader's Actions

  • Closing price is $234.24
  • Trader now wants to get out trade as she senses high risk. Trader sets the new Stop value to $233.00 a tighter stop.
  • Net Gain by the trader (234.24-197.50)*100 = $3674 or 18.60% gain

Day 16

Analysis

  • Today the Up Thrust is RED.
  • The system sees a negative price action and issues a SELL signal.
Trading Risk: High

Trader's Actions

  • The stock opened at $232.37 today
  • Trader's Stop of $233.0 has executed at market open at $232.37
  • Net Gain by the trader (232.37-197.50)*100 = $3487 or 17.65% gain