I enjoyed the ride down, now gonna ride it up. Though the company is overbought, fair price is around $100-120. But no one cares.
This is what I see, not bullish. But a break to the upside would lead to a monster move. Let price decide first!
Bullish 1white solder may not give a lot of time for bulls to exit but the bear camp is in a relative strength and 190 is more likely.
Vol really came in today. TSLA has moved slightly away from the strike since I put this trade on, but so far so good. The straddle is currently 20.20@20.80.
$TSLA last 2 times the middle BB dropped below the 50 this has seen a 40-50 dollar chop. Add in pending dilution