TSLA having normal movement. (Dont mind the shoe, it was a tweet for Elon).As you can see,
TSLA has a gap at this level that is almost filled. what looks like a tap of resistance at what is to believed $1218 could give us more direction. Right now, im worried about the S/R at 1218. this would give tsla a $6000/share.
Belief would be no buyers in this area but also, institutions could step in up here to help drive or short the price.
Note
we have three options and a fourth for the tins hats1) we play H/S down
2) we play IHS up
3) we do nothing
you tin foils wild bois,
4) we play both directions highly volatile
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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.