TSLA - Clear as Mud in what it needs to do! Great for Swing traders!

Price action (4 Feb 2024)
- Bad reaction from earnings has led to an island formation (at 181 to 194)
- Islands if reversed will mean many bears are stuck / caught out of position and if some push upwards will lead to some upwards bias ==> thereby called Island Reversal
- Gap has been created with mid gap fill at 200 (previously key level)
- 209 remains a key resistance (VWAP and MA20 resistance)

Not bullish but reversal
- Island reversal and Double bottom move towards 200
- 50% gap fill achieved with a full fill at 208/209
- Break 209 and resistance ahead at 219, 232, 240, 255 (you get the drift. All previous support become resistance)

Further bearish
- Simply down to my much repeated 160 to 145 range

For now, it seems 181 might hold.
Will continue to nibble shares either way.
Long term positions on TSLA.