Black_Sheep1

TSLA Intraday Wyckoff Accumulation to Distribution

Black_Sheep1 Uppdaterad   
NASDAQ:TSLA   Tesla
as I was trading I had to show this example of accumulation, markup & possible distribution -
Handel aktiv:
Measured move puts this Bear Target below $198
*Bears want to close below $198 for the month to strengthen Their Narrative
This also coincides with weekly expected low and and Maximum Options Pain

This Pattern is NOT Confirmed

Bulls - Just Keep Price Above $200 for today for New Monthly High, then Push to 200 daily MA then to $234 etc....

Kommentera:
Bears are loosing the Monthly Candle * New High with Close above $198 -
Bulls need to close above 208.29 (previous Monthly Closing Support -now resistance) or best if Bulls can close above $209.70 0.5 retracement from Previous Top

There is still 1 hr left...
Handel aktiv:
Well .. Buy the roomer sell the fact..

New Analysis after Price Action Tomorrow
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