$TSLA breakout idea
TSLA after that monstrous run Christmas week, TSLA got rejected at the 618/65 fib retracement/trendline resistance confluence at 1117 levels. Since then, over the course of the past week, it has been continuously getting rejected off double tops and the 618 fib retracements, forming a descending wedge seen on smaller timeframes. Given the delivery numbers being released January 2, 2022, this could be a catalyst to launch it over resistance/618 fib retracement confluence at 1070. Calls over 1070, PT 1080, 1095, 1100, 1110. Puts below 1050, PT 1030, 1000, 975.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.