TSLA Can Break out either side
Trading range for stock will be $ 200.20 or Upside $ 395.30
Our pivot point is at 265.1.
Our preference
The downside prevails as long as 265.1 is resistance.
Alternative scenario
The upside breakout of 265.1 would call for 287.4 and 300.5.
It will be intersting to watch $ 265.10 Breakout or sell off
Best Stratgy is Buy Share and Sell Deep ITM Covered Call and Also Add cheap Put Credit Spread for $ 200 and $ 190