Great risk vs reward trade for TSLA. If I had the capital I would buy stocks in this company.
Options calls strike $300 around 2018 looks like a good alternative investment.
I will have a short biases on this ticker if $171 is broken.
Based on price action and the never failing market crash every 7 years give or take a handful of months.
I see a good risk vs reward to take the S&P short.
I would expect market makers to give a good shake out and break the descending trend-line with a bullish close on the daily. Following shortly will be the ...
Taking a hot here in front of a moving train.
The pair is hitting confluences res. from MA indicators and proper price action.
Opened short at $1.4218
Stop Loss: $1.4229
Take Profit: If the pair reaches $1.39824 and rejects I will TP and buy.
However this will be on the verge of breaking history lows and could ...
What we got here is another fib in play. The last fib hit the target -0.382 leg to the pip.
After target was hit the pair took a breathe up for our entry short.
I anticipate the 0.764 level to hold.
Entry is a few pip front run of 1.0675 with a stop loss of the old tops/ceiling of 1.0692
Good luck ...