Based on historical chart and looking at where banks and big money are sitting, I'm looking to enter short. NYSE:F has followed NASDAQ:TSLA , and even partnered with them on charger usage, and this $14.50 zone is respected on the monthly and weekly timeframe.
Lol, you better make sure that resistance doesn't turn into support before your shorts get absolutely wrecked. It hasn't even broken any swing lows yet and you want to enter short blindly off some basic supply and demand zones? No retest or anything? Okay buddy just be careful and remember the trend is your friend.
P.S, a zone from 2022 is hardly 'Historical'
colejea
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@Raj7100, how right you were LOL, good thing I'm not dealing with other peoples money. I did catch the small dip down to $14 and got out quickly once the uptrend decided to fly through that level and on up $1+
rudcharts
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@colejea, and then look at what happened LOL. That dude done know sheet about trading. Hes a Ford fanboy
P.S, a zone from 2022 is hardly 'Historical'