Short

TSLA: targeting 186 (PURPLE)

By AspenTrading

Updated

Pretty simple, a break and hold below ~202.59 (GREEN) points right to 186 (PURPLE).

Note

This rebound off 202.50 (GREEN) is stalling at its counterpart, 219.50 (GREEN), which is not uncommon. That's the logic behind using the S/R Bands for trading. If 219.50 holds, it should set up another run and test at the lows.

Dave

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