{"id":65916,"date":"2023-01-17T08:39:51","date_gmt":"2023-01-17T13:39:51","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=65916"},"modified":"2023-01-17T08:39:51","modified_gmt":"2023-01-17T13:39:51","slug":"scott-redler-dog-bytes-tesla-strategy","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2023\/01\/17\/scott-redler-dog-bytes-tesla-strategy\/","title":{"rendered":"My Tesla Strategy This Morning"},"content":{"rendered":"

SPY<\/b>\u00a0had a nice active sequence as it cleared $382 & $386 to ignite a move to a high of $399.10 Friday. We'll see if it can digest above $392.50 after Friday\u2019s resilience.<\/p>\n

I sold\u00a0SPY\u00a0calls higher late last week to use as hedge, and I'll continue to do that into strength.<\/p>\n

QQQ<\/b>\u00a0played some catch-up as it cleared $266 to see a high of $281.22. Friday. Now we\u2019ll how it digests. If it can hold $276ish or higher the next day or so, it would be constructive for higher prices.<\/p>\n

Now let's dig into some individual names:<\/p>\n

TSLA<\/b> absorbed some complicated news last week and came off the lows. I bought some this morning around $123 as it showed relative strength. If it can get and stay above $125.95, there's room to $130ish. Use a tier system.<\/p>\n

AAPL<\/b> reclaimed the $129-$130 area and seems on the way to $138ish. $134.92 is pivot resistance.<\/p>\n

META\u2019s<\/b> been my best swing this year. It hit $137+ from $122. Now we'll see if it holds $133-$134 to set up again.<\/p>\n

NFLX<\/b> ignited January 4 and\u00a0 cleared $298ish to see a high of $336 Friday. It found support at the 8 day the entire time. Earnings are on Thursday. It\u2019s a tricky setup now.<\/p>\n

AMZN<\/b> did a Red Dog Reversal around the $83.07 pivot January 6. It was tradable up to the dip buy on Friday when it hit $98.37. I took my trade off a little early. It held $93ish and as long as that holds, some will stay with it.<\/p>\n

Scott Redler's positions disclosure as of 2023-01-17 at 7.42.27 AM<\/em><\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

SPY\u00a0had a nice active sequence as it cleared $382 & $386 to ignite a move to a high of $399.10 Friday. We’ll see if it can digest above $392.50 after Friday\u2019s resilience. I sold\u00a0SPY\u00a0calls higher late last week to use as hedge, and I’ll continue to do that into strength. QQQ\u00a0played some catch-up as it cleared $266 to see a high of $281.22. Friday. Now we\u2019ll how it digests. If it can hold $276ish or higher the next day or so, it would be constructive for higher prices. Now let’s dig into some individual names: TSLA absorbed some complicated news last week and came off the lows. I bought some this morning around $123 as it showed relative strength. If it can get and stay above $125.95, there’s room to $130ish. Use a tier system. AAPL reclaimed the $129-$130 area and seems on the way to $138ish. $134.92 is pivot resistance. META\u2019s been my best swing this year. It hit $137+ from $122. Now we’ll see if it holds $133-$134 to set up again. NFLX ignited January 4 and\u00a0 cleared $298ish to see a high of $336 Friday. It found support at the 8 day the entire time. Earnings are on Thursday. It\u2019s a tricky setup now. AMZN did a Red Dog Reversal around the $83.07 pivot January 6. It was tradable up to the dip buy on Friday when it hit $98.37. I took my trade off a little early. It held $93ish and as long as that holds, some will stay with it. Scott Redler’s positions disclosure as of 2023-01-17 at 7.42.27 AM<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-65916","post","type-post","status-publish","format-standard","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/65916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=65916"}],"version-history":[{"count":1,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/65916\/revisions"}],"predecessor-version":[{"id":65920,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/65916\/revisions\/65920"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=65916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=65916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=65916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}