Tesla
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TSLA - CALLS to retest $122's - $123's

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After confirming the $122 Support Rejection going into the end of the week/year for TSLA, we expected to at least re-test the $106-$108 Support Levels and found confirmation on the 1-Hr Timeframe.

With additional bull analysts starting to kick in, we believe it will take a little longer before the stock actually goes lower. Of course, we're monitoring and will wait for confirmation above the 122s again before closing or determining if we're creating a channel sideways between the 106s-122s for a while until moving higher/lower.

(Didn't press send on this earlier around 12 CST)
Ghi chú
ảnh chụp nhanh

Following the new Blue Line Trends (Right-Side Chart) very carefully and will let that weigh on my decision of holding yesterday's call on the stock.
Ghi chú
Intraday from a lower time frame.
ảnh chụp nhanh

Resistance > Support Conversion at 112s while looking to breakout above $113.85 or so

Watch that support line though to determine if I continue holding my Calls throughout the rest of the week
Ghi chú
How we're currently reacting to these levels now
ảnh chụp nhanh
Ghi chú
Potential triple top rejection here unless it can break out.
ảnh chụp nhanh

if it does, we're reversing to potential PUTS
Đóng lệnh: dừng lỗ
Options closed on STOPs due to the continued rejection.
Chart PatternsTechnical IndicatorsoptionstradingshorttermTrend AnalysisTesla Motors (TSLA)

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