The last two days of this week we have seen a hesitant push with a bullish sentiment.
Hesitant because of the sluggish price movement to the upside.
Friday retailers were waiting a pullback in price that did not materialized further squeezing shorts and yet the squeeze did not have the necessary strength to force the bears to cover.
My expectations for Monday morning as price action stands now would be for a continuation of the upward movement or even a fake out to the upside.
TSLA can climb as high as 303 and this might encourage buyers to push to the 314 mark.
I'm speculating on what might happen here, price action will tell us what really is going to happen.
If we do se the rejection or expected pullback for healthy continuation expect price to drop to 290 and maybe a bounce at this level. If we are unable to hold this level then 284 and 279 will be our targets.