Explosive Down before Up

3 Dis 2023

TSLA has been setting up for a potential rally to test upper 200s, but first it will see sharp downside to 218-223 (point target 220) by 12/13/2023.

- Needs to stay under 239.88 for this to playout, otherwise it can bounce to 260s
- If makes sustained TSLA break below 220 then there is downside continuation risk to 180s

-

4 Dis 2023

Nota

The most bearish scenario for TSLA near term is 180 by this Friday, 12/8/2023.. This is not the highest probability outcome but definitely possible. Worth buying some 12/15 puts, not financial advice.

4 Dis 2023

Nota

If TSLA makes sustained breaks back above 239 it will run to 265 by mid December.

If that happens this becomes a bullish setup and I'll play calls. Not entering puts due to this risk.

Take a look at the 1H time frame in April 2023 - nearly identical (didn't notice this until after I posted).

7 Dis 2023

Nota

Its looking like we will get the test of 220 in the coming week. Entering Dec 22nd 230 puts with a break back below 239 today.

7 Dis 2023

Nota

Bears, it is time.

7 Dis 2023

Nota

Get Wrekd

13 Dis 2023

Nota

Observe how price is now getting sucked toward the target confluence.

20 Dis 2023

Nota

Bullish from here - I'll post an update. That pullback to upper 220s was all we're going to get.

25 Dis 2023

Nota

Upside target is 300 by end of Feb. 2024. It will begin run to there first week of Jan.

25 Dis 2023

Nota

See my new post for updated idea. Shows expected path to 300+

19 Jan 2024

Nota

And now we're here under 220. This is setting up for major run after earnings. Accumulate March calls and shares under 220.