TSLA highly volatile market, pick your zone to play with based on bull/bear bias, gaps between zones are vacuum areas where price can move fast as there are less price memory.
TSLA Trump rally trader's capitulation zone is approaching, once the orange lines converge we will have established price consensus among the major market participants, convergence is set to be reached this week, this will establish a clear technical floor.
TSLA losing relative strength here, bear extension buy area is 208, invalidation would bring strength back; for now AMZNNVDA are showing more developed bottom fishing behavior.
TSLA Doesn’t matter what the forward PE of Tsla is or if anything has changed since the tsla bear market started. F*ck your puts, f*ck your calls. Tsla does what it wants, and what it wants is a gap fill. Then it will die. In that order.
TSLA Tesla Prior to Musk riding Trumps Coat-Tails through the Election Run was sitting around $225... then it ran up to $450 at it's peak but Zero had changed with the company to warrant the valuation above $220. So the current Price is finally back down to where it started at Fair Market Value... Oh, but wait... Something has now changed.... Tesla's EV Sales are Plummeting around the world. Musk himself has destroyed his own Brand that took nearly 14 years to establish as the world leader... At best now the price is worth $165 and quite possibly $120... That is why I am playing TSLQ instead.
TSLA highly volatile market, pick your zone to play with based on bull/bear bias, gaps between zones are vacuum areas where price can move fast as there are less price memory.
