$TSLA.US$ Tesla bounced off 5ema yesterday and closed again ...
$TSLA.US$
Tesla bounced off 5ema yesterday and closed again for the 2nd day above 20sma. Bulls are taking control yet again.
Tesla bounced off 5ema yesterday and closed again for the 2nd day above 20sma. Bulls are taking control yet again.
Will we see the gap cover to 1208 next week? As long tesla is above 20sma, the gap close to 1208 seems more likely than retesting the 50EMA.
We will see tonight. But based on options OI, 1100 call strike and 1000 put strike is in huge amount and tesla will probably very likely close inbetween this 2 strikes for maximum profit taking for the whales(market makers).
As always, trade safe & invest wise!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Search Investing 101 channel for my YouTube! Subscribe to stay ahead of the market with my weekly videos!
12KFollowers
7Following
79KVisitors
Follow
Silverbat : Not sure of the Tesla’s domination will be same as before, and updated evaluation is urgent
GoldenGold Silverbat : Can it break through 1100 on Friday?
Investing 101 OP : Based on options theory. It should not close above 1100. But like I said, theory and practical is could be different as the huge amount of institutions who choose to long tesla on Friday may force market makers to hedge their delta by buying more shares.
THEWIZARD : And then he tweets. LOL.
Investing 101 OP THEWIZARD : Oh wait.. Did he again? Haha.