This graph were drawn a month ago or so. And seems like its validating it self. Please take a moment to check out the Tesla path and draw your own conclusion. It seems more bullish rather then bearish.
Comment
Mmm, yea. It was bullish ;) Ok, so you see this red line at 1300-1350, that's where tesla gonna collapse then sideways.
Trade closed: target reached
Hello everyone. I am closing the bull trade. Because when we reach middle channel, most of the time stock will be met with resistance. Resistance I would assume for this trade is 1300-1350. After that we will have couple-three days of correction to 1150-1200. And then take off before numbers are in on 20th July. While it's pumping, i opened very cheap option short target 1150, expire this Friday. for just $300. Let's see if it makes me some ice cream money :)
Trade active
Put. Target @1150. Cost $300. Expiration July 10. Quick short option trade. Expect 80% return hopefully :)
Trade closed: target reached
Hello, so Puts for Tesla worked anyways ;) When yesterday things start pumping, I bought another 1150 Put at 1380. Funny enough, I was making +6 buck on both by the end of trading day. Today in the morning my puts were loosing combined $300 usd. But I kept watching it, and at around 10am, Tesla hit 1340 or so. I sold both puts with profit of $360. Which is nice ;) Tesla pumped back up to 1400. So good trade. I don't have setups yet. But we will monitor tesla.
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