TESLA INC DRNTESLA INC DRNTESLA INC DRN

TESLA INC DRN

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TSLA dark pool bearish trade 3 of them 1 at 67 mil , 67 mil and 97 mil

TSLA The market psychology is that, once a down trend is broken for the first time, over 80% of the time it is followed by another test of the opposite side to confirm the reversal; higher time frame trend break overshadows lower time frame trends as their are more players involved, incidentally this are also where the "bear/bull traps" occur, where positions entered into the clear trend break, ie. chasing.

TSLA yesterday i sold covered calls to lock in profit, today the price reached into 330 which is the upper range of my put entry; this move up broken the daily downtrend definitively (thick red line); historically this is followed by gradually pullback to the uptrend support area over 1-2 trading weeks; the levels are currently 292 and 275 for trend follower entries. Weekly low bound target at 310 area for intra-week support on 4 hr time frame.
Snapshot

TSLA is this beginning of pullback or just exhausting RSI, vote in comments


TSLA To get confirmation of the full move would really like to see a pullback and hold of 270-280 before the next leg up to 360-400

TSLA few weeks before some people writing against Elon and saying bad words for him now where are they all ?


TSLA It's been a good day. Time to take profits and have a beer.