The last 7-day buy signal that set-up failed by a lower mode of 7-days getting created and then a full day under that mode triggered a new 7-day downtrend. The very next day, TSLA jumped (yesterday) and broke the 7-day mode and now the market will likely trade between these two 7-day modes for the next few months.
Lowest risk entry is against the 7-day mode and the best place to exit is up at the 7-day mode at 280.
Use your best judgment - Tesla plans to announce something on October 9th, creating a whirlwind of uncertainty in the shares of TSLA .
9:56AM EST 254.77 last +3.35 last