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Saturday, October 12, 2013 12:56:24 AM
TSLA daily chart - trade set up!
Stock dramatically fall from $194 to $168ish on some BS car fire news lol and tried to bounce but fail second time over gov shutdown/debt ceiling news and fall from $185 to $163 in 2 trading sessions, in last 2 prev trading sessions it close above channel/stoch shows bull cross along with short term EMA crosses and RSI above 50. This implies shares supply that was making the prices fall has been absorbed and demand is in charge. Price move is coming very ideal for calls
Stock dramatically fall from $194 to $168ish on some BS car fire news lol and tried to bounce but fail second time over gov shutdown/debt ceiling news and fall from $185 to $163 in 2 trading sessions, in last 2 prev trading sessions it close above channel/stoch shows bull cross along with short term EMA crosses and RSI above 50. This implies shares supply that was making the prices fall has been absorbed and demand is in charge. Price move is coming very ideal for calls
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