TeslaLong
Tesla (TSLA) oversold and turning up
In my other posts I had been suggesting to sell the 100 puts going out awhile. I think this is another way to look at this trade. I think there will be a decent retracement back down once the 155-160 level gets retested, just based on the amount of distribution and time that occurred above the 160 level.
Cheers and Happy Thanksgiving to all.
Cheers and Happy Thanksgiving to all.
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
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.