Aug. 1 at 9:30 PM
$TSLA lokking very good to the upside strong support at 300 in all DTE lane from 0 to 90 days out. Time to average down, in my initial position and load on 350C, 400C for December, Still bearish but I already seee bullishness in 40-60 days out building STRONG with a STRONG 300 support in all lanes..
$TSLA — 0-15 TD institutional positioning: BEARISH (STRONG).
Here is the current read from the live lane map.
DOWNTREND CONTINUATION is primary (STRONG):
$310 is the active ceiling; a break below
$308 opens
$305 then
$300. Invalid above
$320. Professional-like flow is MODERATE PROFESSIONAL-LIKE NET BEARISH DEMAND; estimated MM hedging is a headwind.
$310 is the immediate resistance. True reaction floor is
$300 (PROVISIONAL_STRUCTURAL). The composite true reaction ceiling is
$315 (BUILDING). Pin/pivot
$305.0. Magnet: DOWN MAG xCALL
$300.0 (DOWNSIDE_MAGNETIC_FLOOR). Target 1
$305, target 2
$300. Extended target
$286. Invalid above
$320. NFA. WILL LOAD THE BOAT!!!!!
