Long on tsla againLooking for a bounce back to the top. i see this pattern all over the market and im taking my chance at it with a swing. i want jun exp but we'll see how tomorrow goes and where we close the week out.
Potterstocks
$TSLA Channel and PBS. $262-$264 Decent close above a lower time frame sell wall 251.50 but hoping to avoid a gap up to resistance.
In order to move higher we want to DISPLACE SELLERS.
In order to do that, we need to gap up above their average (sell wall) This will mean the first move is down. Wave wise we don't want to see 3 rejections. I believe that the projected and now real channel you see here (posted multiple times on X) is set to hit resistance.
I also have a COST BASIS to break at 257.50
Breaking Cost basis in a Potter box GIVES YOU A NEW HIGH.
I project that this new high will be the gap fill and an attempt to close where buyers control at 266.50 and 267.
I trade unbiased everyday and my trade is dictated by the open price and where that is in my chart. This determines everything.
We hit our targets daily, and with this system i use
NO INDICATORS
NO VOLUME
NO ORDER FLOW
The market is mechanical, let me prove it to you.
$TSLA Mechanical Stock, Easy ReadI enjoy trading tesla because of its repeatable and mechanical nature. That being said we are showing relative strength in the face of a dump, and trying to hold on to major levels on the weekly and daily.
$TSLA Breakout Or Range? 264.50 UP NEXTAnother great move from NASDAQ:TSLA but where we open matters. expect some chop before the move
