Today’s Trade Setup For TSLA

October 3, 2014 0 Comments

Looking for TSLA to continue its uptrend. So what I am looking for with TSLA is to break yesterday high of $252.79 and then the next target will be $254.95 and support will be yesterday low of $245.36 and if it breaks that low look for TSLA to start filling the gap up.

TSLA_CHARTS

How I will be playing this is watching the first 5 min candle and seeing if TSLA can break the 5 min opening range. If TSLA breaks the 5 min opening range and the future are green I will be looking to buy the $252.5 or the $255 OCT weekly calls but if I see the futures selling off and TSLA breaking the 5 min opening range to the down side I will be buying the $252.5 OCT weekly puts with targets to yesterday low and if that breaks a gap fill. Not sure how to trade the 5 min opening range? Join our email list and contact us and we can go over these style of trades.

As always trade at your own risk and trade save,

LT

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