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Stocks on the Launchpad 1/17/23


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Not that anyone cares about what I am trading but there were several differing opinions on my purchases of TSLA for a possible dead cat bounce over the last month.  Just wanted to give a quick update on the trade.

With the gap filled on the SPX and the follow-thru over 4,000 looking weak to me...

As of today, have sold 80% of my TSLA longs for a net $11.25/share profit.  Looking to sell final 20% at $135, max pain on monthly expiring options.  Stop loss moved up to $125, will close position, if not already closed, prior to earnings report next week.  (Report will be a stock mover, I just am not sure which way.)

Sorry for boring you with the details, WTF.

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30 minutes ago, WTF said:

Not that anyone cares about what I am trading but there were several differing opinions on my purchases of TSLA for a possible dead cat bounce over the last month.  Just wanted to give a quick update on the trade.

With the gap filled on the SPX and the follow-thru over 4,000 looking weak to me...

As of today, have sold 80% of my TSLA longs for a net $11.25/share profit.  Looking to sell final 20% at $135, max pain on monthly expiring options.  Stop loss moved up to $125, will close position, if not already closed, prior to earnings report next week.  (Report will be a stock mover, I just am not sure which way.)

Sorry for boring you with the details, WTF.

That was a nice trade, congrats! I saw that at 100 there were a shitload of options, so that gave sup, but nonetheless you need balls for countertrend trades.

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