TSLA Bump and Run Reversal in the Making
This is a textbook bump and run set up. I would be very surprised this stock didn't at least test the confirmation line. Playing a conservative Bear call spread until formation is confirmed then it'll be time to buy some puts. Good luck!
Trade active
Everything running smoothly. Lower lows and lower highs. Musk will try and jawbone it up on Monday, but it may turn out to be a sell the news kind of day.
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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.