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.
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.
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Target hit
