Ill be looking for #TSLA above 599.10, with a possible target at the the top trend line which coincides with Goldman Sachs new price target of $780.
This area also corresponds with the S&P 500 listing.
Real clear trend running into the top of an older resistance line and the $599.10 resistance.
Looking for volume on the upside running into that area if we continue this direction.
Should we find support above $599.10 and above that trend line, we could see some a big upside.
The top trendline would be resistance for me, with support below it, but we may start trading into the bullish megaphone formation created from our current resistance trend and the longer term resistance line coming from earlier in November.
This area also corresponds with the S&P 500 listing.
Real clear trend running into the top of an older resistance line and the $599.10 resistance.
Looking for volume on the upside running into that area if we continue this direction.
Should we find support above $599.10 and above that trend line, we could see some a big upside.
The top trendline would be resistance for me, with support below it, but we may start trading into the bullish megaphone formation created from our current resistance trend and the longer term resistance line coming from earlier in November.