Tesla’s Stock Downgraded! Time to Sell or a Golden Opportunity?
Dear Traders,
I hope this newsletter finds you well. I have some exciting news to share with the community! Our upcoming NYC event is shaping up to be an unforgettable experience. We have secured an additional day for touring the NYSE exclusively for our NYC traders.
But that’s not all – I’m thrilled to announce that renowned trader, Mike Bellafiore, will be joining us for a captivating presentation on day trading and scalping. The event just keeps getting better, and we’re thrilled to have you be a part of it!
If you’re still interested in joining us this week, I have some great news. We have expanded our NYSE tour capacity, and anyone who signs up this week is eligible to be included. We have two available tour dates: Friday, July 28, and Tuesday, August 1. Don’t miss out on this incredible opportunity! Please RSVP here to secure your spot.
Furthermore, our discounted hotel rate is filling up quickly. If you’re considering joining us, please RSVP now to ensure you secure the discounted rate. Time is of the essence!
Sign up for NYC Trading Summit!
In terms of trading, we had an exceptional day thanks to a downgrade of Tesla. Despite TSLA opening with a gap down, I managed to capitalize on a 1-minute opening range breakout (ORB) for a long position. Many of our traders, including Avi, also took advantage of this opportunity and even outperformed my results. Tesla showcased remarkable volatility, swinging up and down by 5% before ultimately turning green and then red. What an exhilarating ride!
Currently, I have taken a short position on Tesla by selling calls at $250 and NVDA by selling calls at $475. Let’s see how these trades play out in the coming days. If you’re interested in learning more about how we traded Tesla and NVDA today, I encourage you to watch my recap video here.
Once again, we have a week filled with exciting webinars tailored for our Elite members in Bear Bull Traders and Peak Capital Trading. We would be thrilled to have you join us for these sessions. Your participation and engagement contribute greatly to our thriving community.
See you in NYC!
Andrew
