Tesla update
This is not trading or Financial advice. I was asked to provide and update. I'm in the btd camp.
There is a bearish cypher, we also have a potential double bottom. I need to see a close above (B) of the bearish cypher. im Also monitoring volume in yellow box below. It's in an apex and looking to breakout.. if no position already established then I highly recommend waiting for Mondsy confirmation for a close above B leg and the volume breakout. I got beat up on the dip entries, but this isnt an option trade. A failure to create a double bottom along with volume breakout at the apex and Tesla will tumble far below 200. Do what you want with this info. I'm still in the btd camp. Cheers
There is a bearish cypher, we also have a potential double bottom. I need to see a close above (B) of the bearish cypher. im Also monitoring volume in yellow box below. It's in an apex and looking to breakout.. if no position already established then I highly recommend waiting for Mondsy confirmation for a close above B leg and the volume breakout. I got beat up on the dip entries, but this isnt an option trade. A failure to create a double bottom along with volume breakout at the apex and Tesla will tumble far below 200. Do what you want with this info. I'm still in the btd camp. Cheers
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