TSLA zoom out

TSLA hit some key levels on its 1 week chart today. TSLA hit the bottom of its 2022 downtrend channel major support level and tapped it's SMA275 uptrend line. Technically speaking, probability wise, the reward is to the upside and there's much less risk to the downside now.

2022 weekly downtrend channel levels:
R2 = $265
R1 = $230
pivot = $195
S1 = $160
S2 = $125

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

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Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/

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12/30 expiry $134 call idea

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TSLA 30 delta call idea