$Tesla (TSLA.US)$ Tesla did not fully close the gap at 1208....
$Tesla (TSLA.US)$
Tesla did not fully close the gap at 1208. And this is a reason to believe tesla will still continue to head up to close that gap first before having any major sell offs.
Tesla did not fully close the gap at 1208. And this is a reason to believe tesla will still continue to head up to close that gap first before having any major sell offs.
Gaps fill 90% of the time and with tesla being only few dollars away from closing the gap, there is no reason to feel that it will drop and close the bottom gaps first before filling this one.
Possibility of it filling the 1208 is higher however that doesn't mean it will have the strength to break the brand new highs yet.
Do take some time to watch my video to also understand the broad market sentiment and what to expect this week and the weeks to come. I also did TA on tesla which you can note on the various supports and resistance levels for your entry and exit points.
As always, trade safe & invest wise!
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