TSLA - Support $106? To at least $136 now?

If you've been following us, we've been heavily following TSLA and trying to assist in how you could potentially trade TSLA,

We've just recently closed our PUTS from $114 to $101 (had 20 $101 Puts, so precisely where we thought it was going)

In hitting the $101 levels early market session today, it quietly rebounded to $113 throughout the session.

What we're looking for here are longer-term CALLs as we watch for confirmation above $114 and then $122-$123. If we're surpassing those levels, we expect to see heavy resistance around $136 (where the arrow points on the chart) .

Looking to see how this week closes (today specifically) and potentially positioning calls to go into next week or wait until next to purchase them to avoid the weekend theta loss. Trying to compare potential opening vs. weekend theta burn to make those determinations for any potential trades today.

Comment:

TSLA broke out this morning and retested the $123 Resistance Levels and has been idle since around that price point. So watching it closing to see if we can break with all the nice support found around the $106s and $108s.

Current Trend Analysis for Today:

Comment:

Current Momentum Analysis for today: