Simple analysis - TSLA has resistance at 232 now


Price action - 13 Jan 2024

- Simplicity in TA is once you breakdown from a key level, the top becomes overhead supply and price action need to retest and break through, else is further bearish

- Same goes for TSLA

- Why my previous sharing has been repeatedly saying the key range is 232 to 240/244/255 is that TSLA has not managed to stay above and has now broken below 232

- KEY ==> 232 is now the resistance to back-test!

- Failure to break above 232, and STAY above 232, is further bearish down to 209, 199, 190


What I look for

- Good times ahead. Am hoping for the move to 190 as I will then sell puts at strikes 180 and down for good premium. 

- Will see how TSLA approach 232 again next week; Very tough resistance. 

- Note that any break of 232 will need to stay above 244 for any bullish tendencies. 


Good luck,all!

TSLA Daily Chart - 13 Jan 2024

@CaptainTiger  @melson  @macroB  @TigerStars  @Deposit  @LMSunshine  

$Tesla Motors(TSLA)$  

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Comment24

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  • Ah_Meng
    ·2024-01-14
    TOP
    Selling puts? So you are still overall bullish on Tesla? Or you think its supporters will slow down the decline? Having said that, I think it is a good call... I don't trade options, can only watch 😔
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    • Asphen
      yes. am bullish on tsla for sure. but at good prices. always grab at the support. haha
      2024-01-14
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  • LMSunshine
    ·2024-01-17
    TOP
    非常準確的TSLA👍感謝巴迪的最新分析,感謝loads️
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    • AsphenReplying toLMSunshine
      當它觸及關鍵阻力時,當它處於熊市趨勢時
      所以在目前的價格下,它接近關鍵支撐,所以我不會賣出看漲期權。除非我想勒死他。
      2024-01-20
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    • LMSunshineReplying toAsphen
      When do u sell call then?
      2024-01-20
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    • AsphenReplying toLMSunshine
      賣出看跌期權。我的看跌期權已經成熟。所以我會賣新的。
      2024-01-19
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  • JoPo
    ·2024-01-15
    TOP

    很棒的文章,你愿意分享吗?

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    • Asphen
      thank you!
      2024-01-16
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  • melson
    ·2024-01-14
    TOP
    can start accumulating
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    • melsonReplying toAsphen
      [Happy]🥂✨
      2024-01-15
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    • Asphen
      yup. want to see support off 219 first or breakdown to 209
      2024-01-14
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  • Asphen
    ·2024-01-19
    TOP
    答对了。209命中支持!

    它现在会回到测试232吗?

    @TigerStars @LMSunshine @CaptainTiger @macroB @Deposit

    $特斯拉(TSLA)$

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    • LMSunshine
      I think it may only rise after 24/1 earnings if there’s good news
      2024-01-20
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  • VNW Capital
    ·2024-01-16
    Tesla bulls!
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    • Asphen
      am not a bull! 😉
      2024-01-16
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  • Kelvin 梁
    ·2024-01-14
    M
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