TSLA close analysis 6/9/2023
Wow! That blow off top I mentioned last time around sure hit much sooner than I expected. Now we're basing right on top of the trendline from prior tops.
For me this is a no trade situation. I'm out of my long and I don't see any reason to go short yet. Breaching below the trendline could mark the top but you have to be super careful because it could just be a gap fill situation.
I'm bullish until I see a reason not to be. But at this point, it's a scalp only situation until I see some clearer price action.
For me this is a no trade situation. I'm out of my long and I don't see any reason to go short yet. Breaching below the trendline could mark the top but you have to be super careful because it could just be a gap fill situation.
I'm bullish until I see a reason not to be. But at this point, it's a scalp only situation until I see some clearer price action.
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💎 Chat with me about indicators and strategies: discord.gg/Psf9PV6Urf
💎 Get my %R Trend Exhaustion indicator: bit.ly/prte
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