$TSLA has been consolidating in the past few days. its been consolidating around just above 1030 to 975 area. 1040 is the resistance that needs to break through to continue its momentum.
as $TSLA earnings coming up tomorrow after market close, the stock could rally by hype because of the anticipating earnings. this kind of move is very typical before the earnings announcement.
if the earnings of tesla are good and other companies that announcing their earnings after market close with positive news. the market could rally due to strong earnings sentiment.
Also, earnings play is always gamble or a lotto play so trade with amount of money that you're willing to lose.
my strategy on tesla tomorrow is to wait about 30min to 1hr after the market opens. this will help you the determine the pattern if the stock is consolidating or trending up or down.
Average move of TSLA per day is about 20-30+ depending on a day.
Below is my ideal entry for day trading or scalp play.
TSLA: Day trade or scalp target play: 04/20/22
Buy call above 1026.45 sell at 1035.15 or above.
Buy puts below 1014.65 sell at 1006.70 or below.
option open interest: ideal expiration date: 5/20/22 6/17/22
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
as $TSLA earnings coming up tomorrow after market close, the stock could rally by hype because of the anticipating earnings. this kind of move is very typical before the earnings announcement.
if the earnings of tesla are good and other companies that announcing their earnings after market close with positive news. the market could rally due to strong earnings sentiment.
Also, earnings play is always gamble or a lotto play so trade with amount of money that you're willing to lose.
my strategy on tesla tomorrow is to wait about 30min to 1hr after the market opens. this will help you the determine the pattern if the stock is consolidating or trending up or down.
Average move of TSLA per day is about 20-30+ depending on a day.
Below is my ideal entry for day trading or scalp play.
TSLA: Day trade or scalp target play: 04/20/22
Buy call above 1026.45 sell at 1035.15 or above.
Buy puts below 1014.65 sell at 1006.70 or below.
option open interest: ideal expiration date: 5/20/22 6/17/22
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
Comment:
quick recap on tsla play this morning. congratulations if you caught the the move this morning for $TSLA. the buy and sell signal for put reached and continues to trended down.