Speculating the red circle is a bear fake out. Bulls sitting in accumulation phase and looks like TSLA wants to head toward $1,000. If price breaks the middle zone to the upside and holds, I expect TSLA to head toward $1200. Additionally, NASDAQ seems to want to go higher before I look to take short positions again. Holding TQQQ shares and rocking calls expiring next week on TSLA.
Trade closed manually:
Was up but took a loss.