RIPPER commented on a stock · Sep 20, 2024 00:32

Looks like it’s almost party time. The make or break point is coming up. One Direction, or the other……

$Tesla (TSLA.US)$something that is important to share… Always be actively drawing support and resistance lines on your chart. A lot of people say you should never be drawing lines on one or three minute charts, I disagree. When it comes to volatile plays like the movement in Tesla today, they can be extremely useful. this will show you exactly when and where will bounce or break lower. With that in mind, simultaneously be looking at the MACD and RSI indicators and watch how they react to those specific pivot spots.

Another piece of advice I could give….. volatile plays like this, the support levels can constantly be moving/adjusting so make sure you are mapping and adjusting your levels in real time