Monday, June 16, 2014 5:25:03 PM
TSLA chart
230; a reversal point, stronger then 240; 5 candle. Should stall and breath. Plus big money hates emotion as much as I. So while they let it sit there, they will be evaluation charging technology release benefits for Tesla. IMO 230 will be the decision point for continuation. My plan would be take profits and watch for continuation. In & out as volume runs and stalls at resistance levels. If 230 continues I see no reason 260 can't eventually fall. It is a celeb. Logic doesn't always count for them.
230; a reversal point, stronger then 240; 5 candle. Should stall and breath. Plus big money hates emotion as much as I. So while they let it sit there, they will be evaluation charging technology release benefits for Tesla. IMO 230 will be the decision point for continuation. My plan would be take profits and watch for continuation. In & out as volume runs and stalls at resistance levels. If 230 continues I see no reason 260 can't eventually fall. It is a celeb. Logic doesn't always count for them.
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