🔥 TSLA safe swing at demand zone and trend (max dip 2nd TL)
I normally don't swing anything in a choppy market, especially with a giant head and shoulders signal on the daily QQQSPY charts:
However, the TSLA chart shows two potential trendline supports forming. Both are valid trends. The blue one is a bit more recent, so the price will react here, possibly to 260/ 278. In the event that TSLA shows some weakness, get ready to #buythedip @ the white TL. That's super strong support and would be a 3rd touch bounce.
Targets 260 and 278 at first.
Of course, I day-trade TSLAAMDNVDA everyday, welcome to follow and see what I post.
Stay tuned for more fire content.
Catatan
Bought @ blue TL as I posted in minds. Sold +47%. Love it.
Holding Novembers.
Catatan
Great bounce! Trimmed some Novembers +37%
Catatan
Were you able to profit from this trade with me? Perfect bounce.
Catatan
+$20 here. Now I'm looking at puts because the bulls couldn't reclaim the resistance line this week.
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