Tesla
Long
Updated

TSLA - back up? weekly 900 call option

454
*** 60min chart ***
gap up today and price holds over 20sma
RSI bounces off 50 - strong signal
stochastic %K on Feb. 6-7 showed upward divergence (it made higher high while price made lower high)
stochastic %D sloping up, but not quite over RSI and over 50 yet (this would be ideal)
Note
Price closed below 780 yesterday and thus far it is a calm tug of war today. There is a 30min support line still intact. Indicators are leaning to upside but signals are not strong, and 30min price and 20sma are in cloud. Better to wait then buy options right now.

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