TSLA - Ichimoku daily, 4H and 2H all indicate s/t strong upside trend as MA(5) is just golden-crossed over MA(13). There will be some profit taking as the green cloud ahead shows. However, a recent gap $670ish from April 13 was filled on May 1. No gap to fill in the new future. Per unusual option activities, one order spent $2M+ to buy 426 contracts of 8/21 $1,050 call for $48.80 each when the price was $790 on 5/8. TSLA likely goes higher very soon, maybe higher than 52 weeks high $970.
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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.