TSLA Close Out Loss

Okay, I exited today and took more loss. I don't know whether to trade this trade as a stupid mistake or tuition. Either way, like I said, I am detached from this loss and I'm moving on.

Below is a chart including today's performance on TSLA. It's interesting to me that although the price hasn't gapped up, the resistance of $369 is holding it down, we haven't seen it get crossed.

Additionally, yesterday I was considering SATS as an entry after seeing a two day uptrend, but I didn't see it hold up so I didn't enter. Below is the performance from today where we can see a reversal from the uptrend observed yesterday.

As I pondered on this entry, I did acknowledge that I've been doing little tweaks to my approach at the beginning of it when looking at the higher performing ETFs. In this process I look at the bottom positive performers, where in the past, I looked at the top performers. So I'm running the original method back.

From the below we see that the three top performer ETFs are XLE, XLK, XLF. While XLE feels risky, it's been steady over the past three days. Though I'll take on technology this time.

I've looked at the Technology stocks XLK and AVGO seems like a good approach

While I typically like to have two options, I'm only finding one prospect in which I feel confident on. As usual, I'll wait my first 30-60 minutes and decide if it's worth it and if it is, I will get out tomorrow as well and not hold overnight.

Let's see what tomorrow holds.