PLBY has gained great momentum and has the potential to violate its major resistance labeled as R1.
The bullish Butterfly Pattern over the load zone is also indicating a swing up to the following targets.
Target is consolidating in a megaphone pattern and bounced off TL support. Looking for history to repeat itself and break above the micro resistance (red line) for a retest of the upper TL. Seeing some bullish divergence as well as the oscillators looking to flip bullish.
Going to stay optimistic and keep my current count on Tesla.
It is CRITICAL we break above $1161, then $1208...
otherwise possible that wave 2 has not ended yet and we see a WXY correction (currently in X). That would take us to the mid $900s before moving higher.