PriceActionRules

$TSLA short term extended, backtest of 1000 expected

NASDAQ:TSLA   Tesla
$TSLA is extended in the short term up over 300/share in 4 days, much of this is weekly call buying. We saw a lot of that fade away today with bearish bets increasing to end the week. Puts off the open, first target is 1070 (we might open at this level in pre market). Below 1070 looking for selling to speed up and take us to the 10 day target towards eow.
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