TSLA
Think it can keep pushing its way to 650 area which will be an interest zone for me to watch. Around 650 is the 50% retrace with the overall market drop. It is also the area where wave theory would align with a-b-c wave c up to be completed.
If it rejects around there, I’ll lean to downside and look for a small position short. If it breaks through, could indicate this is an impulse wave up and could have continuation higher.
I only try and limit myself to small trades on TSLA due to the volatility but it can be traded if you take your time on it
If it rejects around there, I’ll lean to downside and look for a small position short. If it breaks through, could indicate this is an impulse wave up and could have continuation higher.
I only try and limit myself to small trades on TSLA due to the volatility but it can be traded if you take your time on it
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.