Tesla developed a Hidden Bullish Divergence and a Hidden Bearish Divergence WITHIN.. this is a 2 in 1 zone where i want to say, a unconsidered asset to trade in, this has extreme volatile gaps in the RSI, it can reverse on you anytime, but shows bullish momentum in the short term.
Tesla being the handy electric, chip, solar and software manufacture, but hypervalue on earnings decade ahead of it's time, now putting that information to the side, a continuation squeeze to the downside will form at the end of the triangle, and it will be very bearish.
meanwhile take profit is for the short term (maybe August calls?);
TP1: 734
TP2: 766
TP3: 788
and if you have spare option calls, leave them as runners, as the final TP4 is 864.
NOT FINANCIAL ADVICE, do your own due diligence!
want to support more of my content, follow me on instagram: @analyze.with.pepe
Tesla being the handy electric, chip, solar and software manufacture, but hypervalue on earnings decade ahead of it's time, now putting that information to the side, a continuation squeeze to the downside will form at the end of the triangle, and it will be very bearish.
meanwhile take profit is for the short term (maybe August calls?);
TP1: 734
TP2: 766
TP3: 788
and if you have spare option calls, leave them as runners, as the final TP4 is 864.
NOT FINANCIAL ADVICE, do your own due diligence!
want to support more of my content, follow me on instagram: @analyze.with.pepe
Trade closed: target reached