It appears TSLA has moved in a downward trend in recent times. Elon's decision to sell shares has become a catalyst for profit taking and diminishing the gamma squeeze that was taking place since the earnings print. The most recent news has discussed that Elon has a selling plan with specific triggers put in place to initialize those sales, which seems to lead to...
Since earnings, TSLA has been seeing higher-highs without a pullback. Option volume has been extremely high in recent times. The very light resistance that the equity encounters tends to be based around the option market, which so far has then turned into massive momentum after breaking through that value. Barriers appear to be occurring around high open interest...
As you can see, SPCE has been seeing recent higher-highs and higher-lows. The chart has been showing heavy resistance near the 58.00 price point. If we see a breakthrough here, a setup for a long position could be present, especially with commercial space being a big push and retail investors helping fuel a company like this.