TSLA we can clearly that volume profile has established 2 trading zones,330-360 and 220-290; the interesting thing is that, the VWAP central value zone is actually "low volume" means we are seeing a true battle of bulls and bears; for June monthly option expiry, the high probability outcome is price negotiation in between the VWAP volume peaks (300 - 320).
TSLA The bull case would be a definitive break into the 360 - 385 "slight premium zone" (1.5 SD), however given the week long consolidation below it, it is seemingly unlikely; IMHO the pin risk for June monthly expiry (which is also quad witch) would be around 320 (continued next mind for volume profile explanation)
TSLA the current setup we are seeing an initial incursion into the slight premium value area, and have been rejected, at this moment i recommend stop loss set at 309.5 area as a pullback into the average VWAP area could occur.
TSLA check back on TSLA after licking my wound from getting assigned out of my shares :( only walked away with 20% profit when it could have been 35%TSLA Love TSLA but we need a proper correction here, looks like we may get it this week. Im looking to buy around $300TSLA Lol everyone that thinks the bears are in control. Trump is in control lol. You should look at the daily and monthly before saying that. Looks like the bulls are in charge with daddy Trump and this is a normal little pull back to support a big push through 360 range for the next leg up. RSI and volume favor the Bulls still. This is a reaction due to China stalling and Trump saying parts need to be made in the USA. More then likely this weekend there will be news of a finalization of the deal and no more stalling from China and then Trump will retract the statement of parts made in the US. Still to early with the bear talk. We have a minimum of 1-2 more months of a bull run.TSLA Monday opening bell gap down seems to enjoy weekend 😁TSLA again, Cooling down before 400TSLA 330 then 300 then 270👍TSLA 300 next week
