This is an exploratory thought.
Posting for future review not actual trade.
Tomorrow I am expecting a weaker continuation to the downside with some possible chop or a bounce around the 280 mark.
TSLA is one of the few stocks that have held well during this market drop and they still have some room to the upside before they should text newer lows. (my thoughts)
Of course the markets have their own plans. Yet I will be looking for a bounce around the 280 level and watch it closely to see if it fulfils this pretty drawing here.
If the 280 levels are broken then expect further downside to 266 and we ight not have breaks then.
Have fun.
Posting for future review not actual trade.
Tomorrow I am expecting a weaker continuation to the downside with some possible chop or a bounce around the 280 mark.
TSLA is one of the few stocks that have held well during this market drop and they still have some room to the upside before they should text newer lows. (my thoughts)
Of course the markets have their own plans. Yet I will be looking for a bounce around the 280 level and watch it closely to see if it fulfils this pretty drawing here.
If the 280 levels are broken then expect further downside to 266 and we ight not have breaks then.
Have fun.