TSLA faces resistance at 374; a push to this level is expected to trigger a multi-day sell-off.
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We'll start off with Tesla. Tesla having a great day. Actually a stock with good volume comparatively, right? but Tesla on pace to finish with at or around average volume compared to the last 30 days
on Tesla we're coming into a key or excuse me a key level of resistance though that I anticipate let's say we push up there I anticipate a pullback and it is this nice gap fill from earnings
Now, I just want to explain how significant this is, guys. A retrace, a push up here on Tesla to 374 will completely undo this 20% drop that Tesla took off of earnings. Um, missed significantly there on earnings. Um, 38% miss despite beating on revenue.
But should Tesla push up and hit that 374 level, there is a trade opportunity there. Um, I anticipate at least a multi-day sell from that level. And let's say it hits tomorrow.
Expect one of us in the trading room to probably trade it at and around that level.
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