nice consolidation and response on 132 lvl if it breaks downward we can see 130, 127 up is 135 really important, breaks to 142 after
Momentum is nuts in this, waitinng for a nice entry signal to hop on train again
looking good with nice power on the move, next stop after 135 breakout is 140 and 142 stop 132
waiting for breakout to continue trading! long over 137 short under 127 pref 125
was pretty sure it was going to 22.10s but it didnt, broke through all the supports and slightly stopped in 22.5s can expect 22.78 if up move and 22.45s to test lower again Needs to break these levels to confirm!
so far tesla has shown relative strenght vs market overall, even though S&P and Nasdaq are showing smaller loss. i lean on tsla bouncing on 20ma and testing 1380s again. still very careful getting in now with all the gaps up in the last days!
if this picks up a new target unto 19-21 seems very possible Volume aint showing acumulation so its not that great of a sign (ccould break 16.5 and thats bad!) Still Long in case of a breakout stopping half on 16.5 and rest on 16
small trade idea: Expiry 10-jul Buy call strike 1340 Sell call strike 1350 Aprox price 2.3 meaning 23% premium -> more than 300% if this hits
Before setting orders id like some consolidation or continuation to overnight highs (pref if >317 before going in long) Still good level to be long! but careful on rally being a failed gap
372 would mean a nice breakout is underway and additional momentum can be expected, market moved a lot already for open so its hard to come after everthing gaps up.. Look for relative strength and discard laggers for now
breaking 22.50s was a mayor signal of short but many support levels arise with it. We see a lot of choppy movements and probably will still see on the way to low 22.00s, retest for 22.15 and 22.10 are critical, depending on strenght shown on this levels we can estimate the next stop for the USDMXN
long 100 shares per short call contract and keep some of the money :) second choice is just holding to expiry if you like the stock
keep an eye on 22.3 and 22.2 prob stop there before moving strong again
3180/3200 next profit 3135 stop loss
Good news all around!
looks like a good deal after news of store closing, no reason for big move up, and stock not reacting that negative
wait for gold to make stop on any of the levels noted, add position on next levels and careful if it reaches lower than 1710!
wherever it breaks position yourself, big movement coming, 22.50s or 23.10s