NASDAQ:TSLA has been testing the 815 mark for the last few days and strong resistance lines of 750, keeps bouncing back.. Volumes has died down a bit and due to MMs pinning the stock at around 770-800 range in the last 2-3 days, they killed off the options premiums for the weeklies which expired 2/14.. they will have a tougher time containing it for the 2/21,...
We can make 2 more tops as shown in the figure
with the max max of 14147 acording to past history
It may come down next week, from wednesday, because in the first 2-3 days there is no big volatility concerns.
Friends, please at first, support this idea with your Like and any Comment, thanks.
- Divergence on volumes
- 3 wave pattern
- head and shoulders did his job
- Always do your own research before opening positions
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Thank you for your support, I appreciate it.
I want to say that Bitcoin is bullish in the long run.
I can support my position by the following arguments:
- the price stays above SMA50, SMA100, SMA200 and they confirm the bullish trend
- the price bounced from the support zone formed by SMA50 and SMA100
- we got a new swing low which is higher than the previous one
- the price broke the local downtrend...