TSLA having normal movement. (Dont mind the shoe, it was a tweet for Elon).
As you can see, TSLA has a gap at this level that is almost filled. what looks like a tap of resistance at what is to believed $1218 could give us more direction.
Right now, im worried about the S/R at 1218. this would give tsla a 6000/share. Belief would be no buyers in this area but also, institutions could step in up here to help drive or short the price.
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we have three options and a fourth for the tins hats 1) we play H/S down 2) we play IHS up 3) we do nothing
you tin foils wild bois, 4) we play both directions highly volatile