NVDATSLAPLTR$APPLMETAGOOG Looks like economic covid.. outbreaks and panic every where ;) but this time we know the virus before it started the damage :P
TSLA this is ultra bullish, sorry for the people who are perma perma ultra cold bears. there's nothing bearish about this type of action despite the worse possible news that has happened.
TSLA seeing quick buy pressures from 255 level would mean participation of bull on the 4-hr time frame (which is where majority of institutions use), momentum would transfer the bullish energy on to the daily chart, where algo for orders to ADD on strength would kick in, generally leading to gap ups and multiday rally; stop loss 246 on loss of conviction of the bulls..
TSLA overnight trading saw rebound at 260 and currently above 265, which is signaling bullish bias once again; concentration of buy blocks (ie. long entries with conviction) still around 255 zone. The 260 is telling us that the 1-hour time frame traders are in bullish positioning. Premarket information will refine the range estimate.