Breakout tsla playbook (1)

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Breakout tsla playbook (1)

  1. 1. Tesla Motors (TSLA) breakout 1/14/14 Dan G January 23, 2014
  2. 2. SMB TRAINING is NOT a Broker Dealer. SMB Training engages in trader education and training. SMB TRAINING offers a number of products and services, both electronical (over the internet through smbtraining.com) and in person. SMB TRAINING also offers web-based, interactive training courses on demand. The seminars given by SMB TRAINING are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs. This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by SMB TRAINING or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. SMB Training and SMB Capital Management, LLC are separate but affiliated companies. No relevant positions Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.”
  3. 3. Company profile Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. The company also provides services for the development of electric powertrain systems and components, and sells electric powertrain components to other automotive manufacturers. It markets and sells its vehicles through Tesla stores, as well as over the Internet. As of October 3, 2013, the company operated a network of 42 stores and galleries in the United States and Canada. Tesla Motors, Inc. was founded in 2003 and is headquartered in Palo Alto, California. Source: finance.yahoo.com Average Daily Volume: Average Trading Range: Short Float: 8.8M 8.8 36.0%
  4. 4. Intraday fundamentals Tesla Motors Inc. Stock Has Become Electrified Again What: Shares of electric-car maker Tesla are being driven higher following reports that it delivered 6,900 vehicles in the fourth quarter. So what: The final tally of 6,900 deliveries represents 25% more than the third quarter and over 15% more than the amount Tesla guided for. In its thirdquarter-earnings release, the company stated that it expects to deliver "slightly under 6,000" vehicles. Now what: This announcement follows Tesla's trend of under-promising and over-delivering, in this case literally. An extra 900 vehicles priced around $100,000 each adds over $90 million in extra revenue for the company in the fourth quarter. Source: The Motley Fool (fool.com)
  5. 5. Trade management • Risk:reward – Find precise entry points with great risk:reward • Trade idea – Understand your trade idea, and set a “hard stop” due to the fast market • Scale out – Cover risk with partial exits, but save a piece for a bigger move

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