Tesla

$TSLA breakout idea

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TSLA after that monstrous run Christmas week, TSLA got rejected at the 618/65 fib retracement/trendline resistance confluence at 1117 levels. Since then, over the course of the past week, it has been continuously getting rejected off double tops and the 618 fib retracements, forming a descending wedge seen on smaller timeframes. Given the delivery numbers being released January 2, 2022, this could be a catalyst to launch it over resistance/618 fib retracement confluence at 1070. Calls over 1070, PT 1080, 1095, 1100, 1110. Puts below 1050, PT 1030, 1000, 975.

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