Ok guys, help me. So I was in at 3:00 am (Pacific) Friday morning after the announcement. I kind of estimated what I thought pre-orders would come in at and thought the market would like that. So I went in at $237 and some change. This was a short hold for me and I set a sell target of $250 which the stock met yesterday. Seeing how fast it was climbing, I got greedy and revised that to $255. Like everyone else, I watched it straddle $250 all day before tanking in AH.
During after hours we saw the announcement from Tesla and I got a smack in the face. I told myself last night that I would hold strong on my $250 target now but that was based on the stock coming back slowly. I had no idea it would bounce back this quick.
So I ask for advise. I don't have a long position on anything. I generally study my investments, play the fluctuations, play news, get in, get out and I'm done with it. I'd like to do the same here however I'm re-thinking my $250 sell target given how quick of a rebound we've seen on an indisputably (so far) down day for the market.
With tomorrow's announcement (assuming it comes after hours) and an otherwise decent day on the market I feel like selling today at $250 with no expectation of news would be a dumb move.
Given my circumstances, what would you all do? I'm thinking of just holding until response to the pre-order announcement. I'm predicting 360,000 - 380,000 pre-orders which I presume the market is going to like.