Current Price: $419.85
IVR: 71.7 IVx Average: 67.5 Options Sentiment: Strong bullish sentiment with 83.8% in Calls.
Key Levels:
* HVL (High Volume Level): $380.00
* Support Levels:
* First Support: $407.50 (PUT Support)
* Second Support: $400.00 (GEX9 Level)
* Third Support: $390.00 (3rd CALL Wall)
* Resistance Levels:
* First Resistance: $420.00 (Highest Positive NETGEX Level)
* Second Resistance: $425.00 (2nd CALL Wall)
* Major Resistance: $435.00 (GEX10 Level)
Market Sentiment:
* TSLA shows strong bullish momentum as indicated by the dominance of Calls (83.8%). A breakout above $420.00 could pave the way to $425.00 and potentially $435.00.
* A breakdown below $407.50 might shift sentiment toward bearish targets at $400.00 or $390.00.
Actionable Strategy:
* Bullish Setup: Go long above $420.00, targeting $425.00, with a stop loss at $418.00.
* Bearish Setup: Consider short positions below $407.50, targeting $400.00, with a stop loss at $409.50.
Reminder:
Always monitor updated IVR and IVx metrics for live market conditions before entering trades. These provide critical insights to refine your strategy.
Disclaimer: This analysis is for educational purposes only. Always conduct your own research before trading.
IVR: 71.7 IVx Average: 67.5 Options Sentiment: Strong bullish sentiment with 83.8% in Calls.
Key Levels:
* HVL (High Volume Level): $380.00
* Support Levels:
* First Support: $407.50 (PUT Support)
* Second Support: $400.00 (GEX9 Level)
* Third Support: $390.00 (3rd CALL Wall)
* Resistance Levels:
* First Resistance: $420.00 (Highest Positive NETGEX Level)
* Second Resistance: $425.00 (2nd CALL Wall)
* Major Resistance: $435.00 (GEX10 Level)
Market Sentiment:
* TSLA shows strong bullish momentum as indicated by the dominance of Calls (83.8%). A breakout above $420.00 could pave the way to $425.00 and potentially $435.00.
* A breakdown below $407.50 might shift sentiment toward bearish targets at $400.00 or $390.00.
Actionable Strategy:
* Bullish Setup: Go long above $420.00, targeting $425.00, with a stop loss at $418.00.
* Bearish Setup: Consider short positions below $407.50, targeting $400.00, with a stop loss at $409.50.
Reminder:
Always monitor updated IVR and IVx metrics for live market conditions before entering trades. These provide critical insights to refine your strategy.
Disclaimer: This analysis is for educational purposes only. Always conduct your own research before trading.
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.
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.