TSLA looks really interesting at this level. It gapped down on earnings (like I wanted) but opened right on the $194 support level. Huge bullish volume came in and I appears TSLA might be getting the same buying pressure off this point as it did in Mi December of last year.
TSLA could form an inverted head and shoulders here but as of 2/12/15 I believed TSLA will go higher before making another low. I'm still speculating that TSLA has a longer term bearish out look but this is the location where all that could change. If we trade through this DOD circle bullish... the argument for a bullish TSLA will be back on baby!
TSLA could form an inverted head and shoulders here but as of 2/12/15 I believed TSLA will go higher before making another low. I'm still speculating that TSLA has a longer term bearish out look but this is the location where all that could change. If we trade through this DOD circle bullish... the argument for a bullish TSLA will be back on baby!
Thanks for helping us Enrich Lives!