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We got our bounce today! and it was STRONG! Heavy pockets unloading on this bounce giving us a bullish engulfment.
Going into next week I am setting my first target at 750 for the EOW
Monday I would like to see $TSLA above the 9MA (white line) or 720. The 9 MA is only confirmation that we will see continuation and a stock will ride that MA during a bull run
After seeing the strength that was exhibited today and looking back at similar movement we could see a 3 bar play here on the daily time frame up to resistance around 765-755
But getting past 725 is our first challenge
We got our bounce today! and it was STRONG! Heavy pockets unloading on this bounce giving us a bullish engulfment.
Going into next week I am setting my first target at 750 for the EOW
Monday I would like to see $TSLA above the 9MA (white line) or 720. The 9 MA is only confirmation that we will see continuation and a stock will ride that MA during a bull run
After seeing the strength that was exhibited today and looking back at similar movement we could see a 3 bar play here on the daily time frame up to resistance around 765-755
But getting past 725 is our first challenge
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Video breakdown linked below for more detailed breakdown
