Tesla update:
$325 zone: This has acted as a short-term battle area. Itβs not a hard wall yet, but itβs where buyers and sellers are acting.
$330 looks like the more decisive resistance to clear for continuation of the relief move. Failure there keeps the risk of another test lower π !!! $TSLA
Tesla $TSLA Zoom In - Zoom out:
For now $300β311 zone is the line in the sand, a relief bounce to the $330 - $340 area looks possible, but expect chop and rejection at the first solid resistances.
1) 4h (already showing recovery signals).
2) Weekly (ADX dead). β (low/flat) fits a market lacking strong directional.
A daily/weekly close under $297 would invalidate the bounce and open the door to the $265 level. $TSLA
Nice bounce of the markets today as expected, looks like a lot of people lost money yesterday. Trade carefully !!! Today Iβm watching a couple stocks for maybe add, lets see what happens π $QQQ $SPY
Accumulating shares after hours. The market is reactioning because the FED decided no changes in the interest rate, my Amazon $AMZN limit orders were executed . Waiting for some shares of Robinhood $HOOD !!!