Tslabreakout
TSLA ( UNDER BEARISH PRESSURE ) ( 1D )TSLA
HELLO TRADERS
trend line : the price trade under resistance trendline , indicates the price is under bearish pressure , if the price breakout the resistance trendline reach to resistance level .
TURNING LEVEL : a gold rectangular a round 214.16 level , which indicates two cases , the first cases until the price breaking this level reach a resistance level , the second case the price trade below this level , the price reach support level .
RESISTANCE LEVEL : a green rectangular , an area above the turning level , around 263.13 and 295.97 , selling have already increase at this level .
SUPPORT LEVEL : a red rectangular , an area below turning level , around 152.72 , buying have already increase at this level .
PRICE MOVEMENT : the price is under bearish pressure until trade below turning level at 214.16 , it will attempt to reach support level at 152.72 , then trade below this level reach next target at 125.23 , if the breaking turning level and breakout resistance trendline trying to reach resistance level 241.15 and 263.13 , then stable this level reach next target 295.97 .
TARGET LEVEL :
TENDENCY : SHORT 214.16
RESISTANCE LEVEL : 241.15 , 263.13 , 295.97
SUPPORT LEVEL : 152.72 , 125.23
TSLA Reversal $we broke from our bullish flag , which gave us a change from our bearish trend, we've got a resistant to over come to continue that bullish momentum around the 123$+, to go towards the first poi taking 136$, and then the 167$.
on the other hand if we didn't over come that resistant around the 123$, we going to test our support above 114$, if we didn't hold it , we going to see continuation for the bearish momentum till the bottom price above the 91$.
TSLA Bull-run continuation we have one Resistant lift at 1200$, which will be another breakout, and seeing all time high for tsla, but we expect a bit of fighting back from the short around this area , but we need to hold our first support to confirm the strength of our trend , other wise we will go back to the second support .
holding above the 1200$ will confirm the bull-run contention for tsla .
10/24/21 TSLATesla, Inc. ( NASDAQ:TSLA )
Sector: Consumer Durables (Motor Vehicles)
Current Price: $909.68
Breakout price trigger: $900.40 (hold above)
Buy Zone (Top/Bottom Range): $894.00-$834.00
Price Target: $1120.00-$1128.00
Estimated Duration to Target: 41-46d (1st)
Contract of Interest: $TSLA 12/17/21 1000c
Trade price as of publish date: $20.40/cnt
Tesla Play of the month | Options CallTESLA MARKET BREAKDOWN:
Tesla has now over 650,000 reservations for the Cybertruck electric pickup, according to a new report from Wedbush.
Tesla $1070 call 7/17.. Will wait for a cofirmation. Looks like Tesla will move sideways for the next few days.
This will pay pretty big, but don't trade this you will lose money...
DotcomJack