PrestigeWorldwideTradingCo

TSLA - Line in Sand at 209

NASDAQ:TSLA   Tesla
$TSLA closed today's session within pennies of the HOD established during the second highest trading day since December 2020 (Green zone), and the LOD established on THE highest volume trading day of the past 2+ years (gold zone).

Opening above this level could see a retest of 209, and a run to 231, which would correspond with top of the gold zone (HOD for biggest trading day in 2+ years)

Failing to hold 209 could result in a precipitous fall to the bottom of the green zone, and (not) coincidently, the top of the newly minted red zone, which happens to correspond with the HOD for the 3rd highest volume day in 2 years. This zone is from 160-180.

Gold Zone: 209-231
Green Zone: 180-209
Red Zone: 160-180


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.