TSLA stock had a clean gamma squeeze breakout from -1.5 SD VWAP into -1SD VWAP without retesting -1SD value area's lower edge; lower edge of VWAP is around 290-293, typically the price will retest the previous zone before "agreeing" to stay in VWAP, so im expecting retracement to 265 or 255 before EOW to justify more upside movement. If we overshoot to 300 then i expect bigger pullback to 250.
TSLA fan of slightly OTM bull call spread that's 10% to 15% wide for stock risk either side of about 5%. Very nice oversold weekly pattern bottom and extreme negative sentiment. You can hate the man, but the stock looks good for bulls. I discussed this on my Youtube OptionsCAT channel today
TSLA All the dumb bears buying Puts and shorting in the $200s when the smart bears been closed their positions when they shorted from $500 down to $220 lmao.
"Tesla is a trash company and should be going to $100" - Dumb bears
TSLA I'm shocked this is actually bouncing, p/e of 120, being out done by other companies in just about every area. The world boycotting it and sales dropping. Seems like a dead cat bounce to me
TSLA ok 270 held off this morning dip off the retest daily sitting on the 200 so I expect a battle around these levels but I like the 4hr as were above all emas the only one left is the 200 which is sitting at 230 on the 4hr. Could take a bit but I like a move back up to 320s next sell signal is at 300 will see how tesla reacts at that big pysch level
TSLA There is still the gap fill risk at 250-255, that area has so low of a volume, MM may have to test it with at least a touch, so in a normal world tmr and thursday we see the pull back, and friday we open in the 250's and go up from there to tackle the option expiry, but this is tesla, so it might just go to 600 in one day, am i rite hehehehe
TSLA daily buy signal is triggered, which means a pullback will happen tmr. The ideal long entry is between 253 to 260. Max pain is currently 257.5, this week is reversal week, next week is continuation of the bull momentum or retest of the previous lows below 250, i am leaning toward continuation. The squeeze was yesterday, gamma shot through to positive NETEX.