$Tesla Motors(TSLA)$ 30min TSLA chart
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
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