Looking for a bounce back to the top. i see this pattern all over the market and im taking my chance at it with a swing. i want jun exp but we'll see how tomorrow goes and where we close the week out.
Decent close above a lower time frame sell wall 251.50 but hoping to avoid a gap up to resistance.
In order to move higher we want to DISPLACE SELLERS.
In order to do that, we need to gap up above their average (sell wall) This will mean the first move is down. Wave wise we don't want to see 3 rejections. I believe that the projected and now real channel you...
I enjoy trading tesla because of its repeatable and mechanical nature. That being said we are showing relative strength in the face of a dump, and trying to hold on to major levels on the weekly and daily.
