Matt or Steve, has TSLA

    Posted by cozz101 on 2nd of Sep 2020 at 01:57 pm

    Matt or Steve, has TSLA broken the DVT stop on the KISS charts? Could you post a KISS group of charts on TSLA since it's a crowd favorite here? 

    TSLA - the daily DVT

    Posted by steve on 2nd of Sep 2020 at 02:26 pm

    TSLA - the daily DVT is 414

    That means it was hit

    Posted by cozz101 on 2nd of Sep 2020 at 03:36 pm

    That means it was hit today? Today's low was 405.

    yeah I would consider it

    Posted by matt on 2nd of Sep 2020 at 03:40 pm

    yeah I would consider it not, I would like to see price strongly break through it and not recover, here's a chart, price went a little below and rebounded quickly

    that said, I would not be surprised to see it broken over the next week or two as the MA ribbon is super wide here, or at the very least need sideways consolation to work that out just like we had in July

    Would you suggest waiting like

    Posted by cozz101 on 2nd of Sep 2020 at 05:56 pm

    Would you suggest waiting like 15 mins once a stop is hit then? (to see if it rebounds?)

    How would you play this if you were not monitoring it and had to set a hard stop? Possibly set an alert on a mobile device or something? 

    I am on the Think

    Posted by z0ned on 2nd of Sep 2020 at 09:03 pm

    I am on the Think Or Swim platform.   I would set a GTC stop as part of a "one triggers all" order where the second order is a day order that triggers on it crossing the DVT.   Theoretically, this would get you out and in at the same price on the action like today.

    Interesting; I think I understand

    Posted by cozz101 on 3rd of Sep 2020 at 08:06 am

    Interesting; I think I understand what you are saying. So sell at DVT stop and then have an order in to buyback when crosses that threshold again? 

    I do use TOS but was considering setting alerts and using my mobile to wait 15 mins and take action if still below. Only thing, in a very fast moving market this may burn me. 

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