All,
Pretty obvious what happens when TSLA hits this downward trend. I will be buying PUTS .. IF!!!
1) it clearly loses buying pressure
2) no positive news
3) selling pressure
4) BREAK of previous high
Any of these not occuring and it finally/somehow breaks it there will be a massive bull run at least 740+ afterwards in which I will be bullish.
Pretty obvious what happens when TSLA hits this downward trend. I will be buying PUTS .. IF!!!
1) it clearly loses buying pressure
2) no positive news
3) selling pressure
4) BREAK of previous high
Any of these not occuring and it finally/somehow breaks it there will be a massive bull run at least 740+ afterwards in which I will be bullish.