TSLA: Improving fundamentals and strong price action
Updated
TSLA has held a key weekly and daily level, showing great relative strength, and hinting at a rally towards the 215 mark. I'm long from 192.85, as announced in my private signals group, and also posted today at Tim West's KHL chatroom. My stop is 186.09. Today's close shows the bulls are in control, and we can expect buyers stepping in with force asap, probably gapping up tomorrow and rallying with haste. You could sell puts, or buy stock here. Shorting puts can work well with the very high Vix.
Check out my updated track record here: pastebin.com/6CyyqnPT
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Cheers!
Ivan Labrie
Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.26% on such information.
Check out my updated track record here: pastebin.com/6CyyqnPT
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.26% on such information.
Note
Monitoring this speed line here...I'd estimate we'll hit the resistance at 215 in a couple days.
Note
Acting as expected.Note
Looking at 215...we have to see if price breaks this level on the way up. I very much doubt we don't visit it at least.Trade closed manually
Closed when we moved over the open, at 213.39.Note
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