If your a seasonal trader keep in mind July is typically the pivot month in odd ears so be carful with your call options.
TSLA has not break structure yet, structure break is at $240
As for now this is a liquidity grab so your high probability trade would be to long.
TSLA has support around $262 and $257
If we get a bounce tomorrow look for $270 to act as resistance
If we get rejected by $270 look for support at $262
If $262 breaks look for $257 as support
If we manage to get above $270 look for $280
$280-$290 has a massive imbalance and its not about if it gets filled but when it gets filled
$45.20 doesn't pose a big threat to the bears, I believe if we get above $43.8 this level will get taken out
Follow the money
good luck god bless
TSLA has not break structure yet, structure break is at $240
As for now this is a liquidity grab so your high probability trade would be to long.
TSLA has support around $262 and $257
If we get a bounce tomorrow look for $270 to act as resistance
If we get rejected by $270 look for support at $262
If $262 breaks look for $257 as support
If we manage to get above $270 look for $280
$280-$290 has a massive imbalance and its not about if it gets filled but when it gets filled
$45.20 doesn't pose a big threat to the bears, I believe if we get above $43.8 this level will get taken out
Follow the money
good luck god bless
Trade closed: target reached
Comment:
decision time for tesla, if we break above $269 its gonna be hard for the bears to take back over.
Trade closed: target reached