shock might wreak havoc though, so to be safe I'd wait for the shock event to go long or short.
Keep close watch of the key hidden levels indicators s/r levels, and the time at mode targets for uptrend signals that could fire doing . Here's when the key hidden levels and the vix post spike 75% retrace levels could come in handy!
The two targets above could become reversal levels as well.
In my opinion a sharp move down before a multi week rally is in order, and would offer a terrific buying opportunity, and TSLA would be a good individual stock to go long with, other than S&P500 . (looking at the in the monthly chart, around 2020-2040)
I guess options strategists could use the levels on chart as useful prices for selling puts/calls and getting exercised at the ideal level for a reversal. You could also trade the reaction buying or selling stock directly (which is what I'd do).
Good luck, and stay vigilant. Better be safe than sorry with this kind of trade.
Price formed a higher mode in the daily, and it moved and closed above it. We also have more than 5 days without a new low.
Target is 357, roughly but I don't have a limit sell order. I'll let it sit if I'm not stopped, trade can last a couple months if all goes well.