-TSLA formed the 135 elliot wave and looks like we're gearing up for the wave 5 which is the next leg up. -Gap was filled below and bounced perfectly on that .382 fib retracement -We also have a gap above around 724 - 732 which could be the target -Waiting for a TTM Squeeze to form on smaller timeframes. -I'm looking at a month out expiration for options.
Trade active
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Here we go! TSLA bounced off the .618 retracement and hopefully we get a trigger on the TTM Squeeze. I have entered a position in TSLA.
TSLA 7/16 700C @ 2.40 - They are now trading at 4.50 at close today. Hopefully we get some follow through!
Wow! How I hope I can see ur article sooner yesterday! Recently I am too afraid of loss to hold TSLA.....Sigh....Anyway, I also studied some technical analysis and now....see ur analysis...wow, I have more confidence!!!
It's great to read ur post. and looking forward to seeing ur further posts.
Ross-Santos
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@sean0807, Thanks! Make sure you hit that follow button! I'll also start planning on going over weekly plays in the coming weeks via Youtube live! keep watch =)
It's great to read ur post. and looking forward to seeing ur further posts.