Woah, woah, woah hey now!
It's ya big homie coming at you with another one of these fire TA 🔥
I got the daily pulled up on the big wild beast TESLA.
Elon could be calling up his A.I. hedge fund from Mars right now telling them to go short.
Or is Elon hoping in his Cybertuck to go fuel up the rocket?
We got the compression showing indecision.
Let's factor in the run from the recovery process.
Lots and lots of green.
When the compressed doji crosses over the green brick under it. Strong sign of a short.
We at the indecision stage.
I say fire short here at $725
With roughly a 3 - 5% stop 750 - 760 / Reverse target hit than go long
A break above $760 I think would lead to a massive surge.
Crack $700 I think it sells off
Based on the fact that if you look at like a 6 hr chart. It's overall pattern on these style of timeframes look like a massive cup. Which is bullish. I just think we are a little to overextended and could cool a little bit.
If I had to put price targets.
If it goes short I think next we can shoot for the $640
If it broke long than really the only next level is $900.
Break those targets, well than you are looking at a strong trend continuation
Those will be very important levels.
Right now we are at that sweet spot. Zone in on it.