TSLA Sunday to Monday Playout

Aug 8, 2022

My overall bias for TSLA was bearish. There was Support that became resistance around 917. With price seeming to not want to get close to it. A great naked forex confluence, to have indicated that TSLA would move more bearish for this Monday. Last weeks price ended in an upward channel. 9:30 opened with a huge gap to fill. With price rejecting support and also closing just below the wick of a previous swing high. Short opportunities entering as price breaks our lower S/R line, exiting at the lowest DB arrow.

RR16:1