TSLA - Dead Cat Bounce? 200 is key level!
@Asphen：
Price Action (Update 30 Jan 2024) - Since the bad earnings on 24 Jan, TSLA had been gapped down, found initial support at 190 but then broke down to the next key support level of 181 - A good bounce coincided with Cathie Wood buying in to TSLA - Has she created a dead cat bounce? - TSLA is back to the start of the gap fill 191 - 191 is VWAP on 30min chart! Bullish - I will watch for 50% gap fill (200) and full gap fill (209) before i take it as a reversal is achieved - So 209 is that key level to get above Bearish - Several rejection levels 200, 209 with 209 being the highest possibility My approach - Had nibbled since 191 down to 181 - Will continue to nibble if break down below 181 next time down to 160 and 145 Good luck, all! TSLA Daily - 30 Ian 2024 @macroB @Deposit @melson @CaptainTiger @TigerStars $Tesla Motors(TSLA)$
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