Do not get exited about TSLA yet!TSLA was expected to trade today with low volume. Yet we saw higher volume than expected and a tug of war between buyers and sellers.
Today sellers closed with a slight advantage closing near the mark of $170.
Now it is up to the opening, If TSLA is able to open above $170.
then a $175 retest with a possible targets of $177 and $180.
Since it is a short week I am not sure what to expect yet we have data coming tomorrow and the FED speaks which can and will impact price.
On the other side an open below $167 will encourage sellers and they will aim for targets at $165 and eventual $148-$150. There is quite a price imbalance between these two support and resistances.
Stockstrader
BAJAJ FINANCE LTD#BAJAJ FINANCE LTD Hello trader, I hope are good and safe. Today I opened the chart of #BAJAJFINANCE for 15 Min and analyzed it then I see that this chart has made a BEARISH PENNANT, So I hope #BAJAJ FINANCE will go downside,
Now Nice opportunity for short.
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Keep Supporting And Thank You..
Spotify buy opportunities created with new imbalance createdA very strong weekly demand imbalance has been created on the weekly timeframe around $117 per share for a long term buy opportunity on this stock. Currently we have a pretty strong weekly supply level that has gained control, buying Spotify stock is not possible now. Remember this is a long term analysis, short term and intraday stock trading is a different story but this can help you decide which bias you can trade on your stock trading strategy.
When Spotify Technology #SPOT stock is analysed with the glasses of a supply and demand strategy, we can see that strong impulses and created providing new demand to lean on for long term buy opportunities.