Aug. 2 at 6:57 PM
$TSLA is back on my radar.
I’m not trying to predict every candle, but the chart is starting to lean bullish again.
The level I'm focused on is
$310. As long as buyers continue defending that area, I think there's room for a move toward
$320, and if momentum keeps building,
$330 isn't out of the question. The key is seeing follow-through instead of just a quick spike.
For anyone trading options, I generally prefer calls only while price is holding above
$310. If that level fails, the risk/reward changes quickly, and I'd rather wait than force a trade.
Sometimes the best trade is simply letting the market prove your thesis before getting involved.
Hope your session is going well.
Scalping or swinging today? Hope you catch a great move.
