TSLA Short Trade Analysis and Execution Plan
Current Price and Key Levels:
Current Price: $286.35
Today's VWAP: $288.51
Today's VAL: $287.96
April 25th VAH (Key Short Entry Level): $286.87
Entry Strategy:
Ideal Short Entry: Near $286.87 (April 25th VAH)
Stop Loss Placement:
Conservative: $288.92 (Above today's VWAP)
More Protective: $289.78 (Above today's VAH)
Note: Adjust position size accordingly if choosing a wider stop.
Partial Profit Targets:
Initial Profit-Taking (Total 40%):
10% at $285.95 (Near POC of April 28th)
10% at $285.36 (Just above yesterday's VWAP)
10% at $283.32 (Above yesterday's VAL)
10% at $278.87 (Above April 28th VAL & VWAP of April 27th)
Risk Management: Once at least three of these targets are reached, move stop-loss to entry.
Swing Profit-Taking (Remaining 60%):
20% at $260.13 (Above April 24th VAH)
20% at $254.57 (Coinciding with April 24th VWAP)
Final 20% at $238.00 (Above POC of April 22nd)
Risk vs Reward Assessment:
The outlined strategy provides multiple stages for risk mitigation through partial profits.
Progressive lowering of exposure through partial profit-taking and adjusting stop-loss to break-even after initial targets enhances the overall risk-reward ratio.
This structured approach significantly reduces downside risk while maximizing potential gains on extended downward momentum.
Conclusion: This strategic short setup for TSLA emphasizes careful risk management and disciplined execution, balancing immediate profits with longer-term swing potential. This is not financial advice. Trade at your own risk only. Visit ForexLive.com for additional views.
