Upcoming earnings will define TSLA direction. Looks bearish to 96 if negative reaction
Price action Update (21 Apr 2024)
- As shared previously, 145 to 160 is a mysterious range of play
- TSLA is now navigating between that range, heading down to 145
- MA5 and MA20 are close to one another, but MA5 looks to break below significantly soon
- Breaking down below 145 would see 134 not holding well and 119 being a significant stand
- Extreme bearish-ness from earnings will see target of 96
My plays
- Nibbled shares since 180
- Sold puts strike 145
- Will see earnings on 23 Apr to see whether to secure more shares if it reaches 119
Good luck, all!
TSLA Daily - 21 Apr 2024
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