a quick recap on tesla play this morning. congratulations if you caught the move this morning for $TSLA (see my previous post). the buy and sell signal for put was reached in the first 2 hours after the market opens and keeps going down. after the earnings announcement,
Tesla stocks surge up and in after-hours, it pulls back down. later in the evening. those moves are typical in every earnings after hours.
Tesla will surge back again in pre-market. with the hype of the positive news and guidance about the next earnings tesla could continue to surge back up again back to 1050-1100 keep in mind that there's a fed meeting tomorrow so the market could get choppy as the meeting goes on.
if tesla surges up in the aftermarket there's a high probability of a sell-off at the opening bell as pre-market people are taking a profit. let the pre-market people take profits and ride the reversal after the sell-off cools off.
if the tesla opens lower below 1000 ride the momentum as the volume of picks up to the upside.
Below is my ideal entry for day trading or scalp play.
TSLA: Day trade or scalp target play: 04/21/22
Buy call above 1039.66 sell at 1050.88 or above.
Buy puts below 1009.40 sell at 997.47 or below.
option open interest: ideal expiration date: 4/29/22 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 might possibly going 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 on which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would 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.
Tesla stocks surge up and in after-hours, it pulls back down. later in the evening. those moves are typical in every earnings after hours.
Tesla will surge back again in pre-market. with the hype of the positive news and guidance about the next earnings tesla could continue to surge back up again back to 1050-1100 keep in mind that there's a fed meeting tomorrow so the market could get choppy as the meeting goes on.
if tesla surges up in the aftermarket there's a high probability of a sell-off at the opening bell as pre-market people are taking a profit. let the pre-market people take profits and ride the reversal after the sell-off cools off.
if the tesla opens lower below 1000 ride the momentum as the volume of picks up to the upside.
Below is my ideal entry for day trading or scalp play.
TSLA: Day trade or scalp target play: 04/21/22
Buy call above 1039.66 sell at 1050.88 or above.
Buy puts below 1009.40 sell at 997.47 or below.
option open interest: ideal expiration date: 4/29/22 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 might possibly going 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 on which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would 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:
just a quick update. the buy and sell target reached at the opening bell and keeps going above to 1080. before it falls back with the market. congrats if you caught the move.