Boss bears finally showed up in their control zone located at 230-237. The initial reaction was a rejection from the zone.
Long term boss bear control zone:
Now we wait for the reaction. Will TSLA break down or will the gap support remain and allow us to climb higher?
I expect neutral-to-bearish price action in this area for the next few days while bulls retest the 230 zone and refuel to go back up. If the oscillator crosses below trendline, lookout below.
The natural question is, "what is next"? Arguably this has been quite the run and I don't think we're finished yet. My expectation is a blow off top to the trend line above the boss bear zone before the real bearish action starts. Somewhere in that 240-245 zone.
Long term boss bear control zone:
Now we wait for the reaction. Will TSLA break down or will the gap support remain and allow us to climb higher?
I expect neutral-to-bearish price action in this area for the next few days while bulls retest the 230 zone and refuel to go back up. If the oscillator crosses below trendline, lookout below.
The natural question is, "what is next"? Arguably this has been quite the run and I don't think we're finished yet. My expectation is a blow off top to the trend line above the boss bear zone before the real bearish action starts. Somewhere in that 240-245 zone.
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❤️ Premium indicator subscription @ Whop includes: Mojo Levels, Manipulation Model, Super Oscillator, VIX Meter, and Volatility Radar
🔗 whop.com/c/upslidedown/t use discount code FRIENDOFUSD for 20% off FOREVER
🔗 whop.com/c/upslidedown/t use discount code FRIENDOFUSD for 20% off FOREVER
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.