Time-Price Setup In TSLA


On Thursday (8/4) we had a time and price setup in TSLA.  The price resistance came in at the 940.85-949.53 area.  The zone included two symmetry projections and a .618 retracement of a prior major swing.  The timing came in on 8/3-5 for a possible high also. 

This was when we called for ratcheting up stops on longs.... and of course if someone wanted to take a short against this same time/price resistance we got our sell signals Friday.  I am watching the support on the way down for a new buy decision, but I want to see the 15- or 30-min chart trigger before taking any new buy entries.