TESLA has an obvious inside day pattern and my bias is long as this pattern is typically a continuation pattern but I will react to the price action.
Long Trade Setup: - Entry is a close above $265 on the daily chart (Green Line) - Stop loss is $246.45 (Green Dotted Line) - Target is $294.15 (Green Dashed Line)
Short Trade Setup: - Entry is a close below $248.25 on the daily chart (Red Line) - Stop loss $256.94 (Red Dotted Line) - Target is $230.87 (Red Dashed Line)