TSLA needs to recapture $195 quickly if not then this was an epic short-term Bull Trap
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TSLA is Bullish. If TSLA does not begin correction, We could see move up to $200-$207 then Correction... possibly creating triple negative divergences on RSI, MACD, MOMENTUM (on 1hr)
Weekly expected Moves: $207 - $176
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Which way is TSLA going this week?
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Bullish: All Dips are being bought heavily Negative Divergence on 1 hr - RSI, MACD, STOCH, Momentum
*Remember The composite man will do what he/she can to make the bulls and bears loose***
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Is this it for Bulls in the short-term? Close above $195 on 1hr ?
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Close above 195 on 4 hr or Daily and I expect TSLA to go above $200
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TSLA - Price action similar to distribution pattern. To much effort to move price up *1 week ago we were at $199.. today we are at $201 .... Selling volume is more consistent and even - Buying volume is sporadic .. Drop from here or Exhaustion Rally to $205-$210 to begin Bearish Correction/Distribution
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*BE CAREFUL-*DO NOT FOMO *Exhaustion Rally/Bull Trap Warning - Keep an eye on US500 &US100 - if they make new highs I will trust this move-up, feels like a Pump & Dump Distribution event.
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