TSLA, this bear shall have legs

[Cobra]

$TSLA, the selling so far has been strong therefore likely there'll be another leg down so this bear shall have legs.

[brucekeller]

Think it will try to exceed the already higher low or this down move might be invalidated today with a new higher high?

[Cobra]

Think it will try to exceed the already higher low or this down move might be invalidated today with a new higher high?

Sorry, I don't understand your question. The chart below shows where I think we're right now.

[Cobra]

$TSLA, 2 consecutive strong bull bars (1st one was a good bull signal bar and the 2nd one was a strong entry bar therefore good successful chances of the trading reversals setup), there're some chances the low was in, watch. I know, some chances do not help trading but it's beyond the scope of the topic here. The actual trade will need consider the risk reward ratio which maybe a little late today (yesterday was good enough as it's a good signal bar, unfortunately I check TSLA chart only on Monday and Wednesday). If you don't understand what I'm saying then the trading reversals setup is not for you.