$Tesla Motors(TSLA)$ 30min TSL

Remember 226.50 is the most important level this week. Supporting 226.50 is BULLISH & Bulls will be targeting 237.00

Rejecting 226.50 is BEARISH & Bears will be targeting 220.50 & potentially 216.00

The pattern we’re in is called a Rising Wedge which is TECHNICALLY BEARISH as long as Bulls reject the resistance trend (breaking above the resistance trend will invalidate the pattern causing TSLA to run higher)

If you see Bulls rejecting or failing to support 237.63/237.00 or 236.46 make sure you SELL your Calls & BUY Puts

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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