Markets bounced strong today... but will Tsla join or be the one to take the hit so the other stocks can run?
TSLA had a Rough Day I'll Keep this simple..
Here are my thoughts on Distribution Schematic:
114% Bull Run in 1 Month - Mainly Short-Squeeze Move
We could see one more move up in a Wyckoff fashion - this will burn the $200 call options along with all the puts added in past 2 days, setting up a Bear Trap and generating more FOMO for Bull Trap 3 thus providing Liquidity for "Composite Man" to make the most $$$
-I also believe that a Markdown is needed for Institutional Buyers to get back into the stock @ lower pricing.
Both Scenarios are viable, yet I'm leaning towards#1 .. but will be prepared to go with the trend.
Long-Term Bull/ Short-Term Bear
good Trading Today
TSLA had a Rough Day I'll Keep this simple..
Here are my thoughts on Distribution Schematic:
114% Bull Run in 1 Month - Mainly Short-Squeeze Move
We could see one more move up in a Wyckoff fashion - this will burn the $200 call options along with all the puts added in past 2 days, setting up a Bear Trap and generating more FOMO for Bull Trap 3 thus providing Liquidity for "Composite Man" to make the most $$$
-I also believe that a Markdown is needed for Institutional Buyers to get back into the stock @ lower pricing.
Both Scenarios are viable, yet I'm leaning towards#1 .. but will be prepared to go with the trend.
Long-Term Bull/ Short-Term Bear
good Trading Today
Note
Starting to unload my Positions bought yesterday - Below $195 will be my last stop-limitTsla Over 199 & I will re-commit
Note
2 Positions Longs are ion $ Shorts just started : Risk to reward 1:9Note
Rounding Top Played out perfectly! - $188-$191will be resistance on way upNote
below $185 we can see TSLA go to $182Note
Target Zone #2 reached ... I'm not to confident with a retracement .. Jobs report may send this down furtherClause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
