I am overnight 233/232$ limit on $TSLA, stop below 231$. I am not bullish on $TSLA but this could offer a nice bounce play if it has a gap down or sharp drop at the open. You can watch 234-235$
for bullish price action @786 fib extension, i have 0 interest with that level, but it can work.
Look for a pin bar, engulfing bar on gap down at the 1.272 extension. Aim for TP 1 and move stop to entry and then maybe we can get 618 at tp 2.
Low conviction play, Smaller size. Overall lower on $TSLA in my opinion. It should be volatile tomorrow, Non-farm payroll tomorrow use caution, I am expecting lower on the indices personally.
for bullish price action @786 fib extension, i have 0 interest with that level, but it can work.
Look for a pin bar, engulfing bar on gap down at the 1.272 extension. Aim for TP 1 and move stop to entry and then maybe we can get 618 at tp 2.
Low conviction play, Smaller size. Overall lower on $TSLA in my opinion. It should be volatile tomorrow, Non-farm payroll tomorrow use caution, I am expecting lower on the indices personally.
Comment:
1 hr TSLA Cypher, worth checking out
