TSLA is following all the price action indicators very well; Target 190!
- Have been performing well since the bounce off the neckline support of 163
- Clearly in a near term buy controlled buy channel but in a larger controlled sell channel
- Confluence remains 190
- 19 Apr gap down bear flag has since retraced above 177 which is Fib 78.6 (tends to mean likely a full retrace to 190
- Clearly in a near term buy controlled buy channel but in a larger controlled sell channel
- Confluence remains 190
- 19 Apr gap down bear flag has since retraced above 177 which is Fib 78.6 (tends to mean likely a full retrace to 190
My Watch/Plays
- Will MA5 cross above MA50 (blue)?
- Will price action stay in the buy channel?
- If it comes back down to re-test 163 and fails below? ==> This is a bearish one and 146 bound
- Look to add more long puts should price action test and stay above MA5 and MA20
- It is all about 190! Break above and we will have some squeeze from 195 to 209
- Will MA5 cross above MA50 (blue)?
- Will price action stay in the buy channel?
- If it comes back down to re-test 163 and fails below? ==> This is a bearish one and 146 bound
- Look to add more long puts should price action test and stay above MA5 and MA20
- It is all about 190! Break above and we will have some squeeze from 195 to 209
Good luck, all!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
71585225 : Thank you for sharing
Ris99 : nice
AsphenOP 71585225: you welcome
71585225 : Too much overhead supply
I will wait tsla go back to text its low
71585225 : your chart is very good
AsphenOP 71585225: thank you
AsphenOP 71585225: you are right. overhead supply from 190.
pslskdmdm AsphenOP: 183-185 is an important position
AsphenOP pslskdmdm: Yes... Key levels