Long

🔥 TSLA safe swing at demand zone and trend (max dip 2nd TL)

Updated

I normally don't swing anything in a choppy market, especially with a giant head and shoulders signal on the daily charts:

However, the chart shows two potential trendline supports forming. Both are valid trends. The blue one is a bit more recent, so the price will react here, possibly to 260/ 278.

In the event that shows some weakness, get ready to #buythedip @ the white TL. That's super strong support and would be a 3rd touch bounce.

Targets 260 and 278 at first.

Of course, I day-trade everyday, welcome to follow and see what I post.

Stay tuned for more fire content.

Note

Bought @ blue TL as I posted in minds. Sold +47%. Love it.

Holding Novembers.

Note

Great bounce! Trimmed some Novembers +37%

Note

Were you able to profit from this trade with me? Perfect bounce.

Note

+$20 here. Now I'm looking at puts because the bulls couldn't reclaim the resistance line this week.

We'll see.

kingdips

🔥 Trade with me & learn: discord.gg/buythedip

FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.

Also on:

Related publications

🥶 FACT: Most traders quit year one. Hmm, but why? 🤔

by kingdips

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.