tsla longs fighting uphill battle
Updated
bulls are in control of this move but lack the follow through necessary to make a convincing move to the upside look like a change of weekly momentum. weve made a daily bounce that retraced enough to say a lower low is set, but havent made a higher low or confirmed the move with a trip above the last bearflag area/value area high. weve also started forming a topping out proccess 4hr as indices futures fail to climb over a top like 4037 es1!, and this has happened every leg of the way fown for stocks making me think we need to at least revisit the dotted line, and if we break through it id look for the lower horizontal. if we support in the mid range and move higher, especially if indices are breaking out with multiple sectors green, or if we get immediate continuation id still be long.
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so when we have a gap up like this were just forced to assume that its bullish. shorts cancelled!go long? i would lean yes, but that is provided we dont suddenly collapse for some reason.
Order cancelled
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*mechapussy engage*couple scenarios
we get a nice handle here im still long everything
if we dont im not!
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hey guys guess where we are es1!duhhhhh idunno duhhhhh
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long uuuu/ccj
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