Price continues to fall as markets turns red and controversy surrounding Elon still looms. Look for a move to key support levels for a long entry. Final key support is at 220.
Trade Step-ups:
Scenario One (Bullish Reversal): Price rejects a bearish breakout from the bullish channel. Look for a move to the topside of the channel. Profit levels to look for are 300, 330 & 370.
Scenario Two (Bearish Breakout): Price breaks bullish channel by consolidating below 220.