NASDAQ:TSLA has an interesting setup here. We see that the recent bearish activity could be coming to an end and we could see a change of pace very soon.
These were charts I posted Yesterday in anticipation of end of Month Close & Investors Day.. I believe they are relevant enough to Post, Let me know how you think this plays out
Schematic#3 would be a capitulation Drop....
we broke from our bullish flag , which gave us a change from our bearish trend, we've got a resistant to over come to continue that bullish momentum around the 123$+, to go towards the first poi taking 136$, and then the 167$.
on the other hand if we didn't over come that resistant around the 123$, we going to test our support above 114$, if we didn't hold it ,...
TSLA has retested a horizontal support AT 213.00
From where we are already seeing
A bullish rebound and I think
That the move up will continue
Towards the target above !!
we have one Resistant lift at 1200$, which will be another breakout, and seeing all time high for tsla, but we expect a bit of fighting back from the short around this area , but we need to hold our first support to confirm the strength of our trend , other wise we will go back to the second support .
holding above the 1200$ will confirm the bull-run contention for tsla .
TESLA MARKET BREAKDOWN:
Tesla has now over 650,000 reservations for the Cybertruck electric pickup, according to a new report from Wedbush.
Tesla $1070 call 7/17.. Will wait for a cofirmation. Looks like Tesla will move sideways for the next few days.
This will pay pretty big, but don't trade this you will lose money...
DotcomJack
