Bearish Pattern upon Bearish Patterns ... 2-3% Drop expected $182.5 is my target
Bulls- TSLA needs to Bounce @ $187 -$185.42 , if not then tsla will see $183.7 -$182.56 ....below $182.56 we can see $179 then $176 *BELOW $179 is going to be tough to get back above $182.. the 50 Daily MA could be next target
Weekly Expected Moves:
High $210
Low:$184
Max Pain Options: $195
I do not see TSLA loosing $182 due to Options Wall. Most Likely, Wall-street will drop price to Liquidate positions and increase put buying.
Bullish Divergence is forming in 1 hr *Providing we drop below $186 and recover quickly, then We can see Tsla try to move to $194 Thursday
Bulls- TSLA needs to Bounce @ $187 -$185.42 , if not then tsla will see $183.7 -$182.56 ....below $182.56 we can see $179 then $176 *BELOW $179 is going to be tough to get back above $182.. the 50 Daily MA could be next target
Weekly Expected Moves:
High $210
Low:$184
Max Pain Options: $195
I do not see TSLA loosing $182 due to Options Wall. Most Likely, Wall-street will drop price to Liquidate positions and increase put buying.
Bullish Divergence is forming in 1 hr *Providing we drop below $186 and recover quickly, then We can see Tsla try to move to $194 Thursday
Note
I could see TSLA opening up @ $185 move to $$187 then dropping to $182.56 before recoveringNote
I did not realize that there is a gap @ 181.5 - this may get filled todayNote
looks like we found buyers on the Last Point Support Line... TSLA has to get back over 184 sooner rather than later, or it will go to $176 forstNote
Note
Diamond Consolidation -Breakout to $185 oor to $178 $182.07 POCNote
'Wow, looks like the bearish patterns are all following through. - Rounding Top, Bearish Flag, H&S; , this will put Tsla at a price near the $173 zone.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.