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Very strong push up the last 3 bars so maybe bias is up? Possible range day.
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Consolidation along the yesterday's high, breakout is more likely which if indeed with strong bull bar then today could be an uptrend day.
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TSLA
[Reuters]
More than 1 million Tesla call options have traded on average in the past three sessions, which is a more than 30% jump over volumes in recent weeks.
Yet, the sudden surge in borrowing of Tesla shares by short sellers with 7% of outstanding shares being shorted suggests a tug of war between bulls and bears is in store.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BullBear52x wrote:Could be a C&H bottom, but I am on a sell day again today. so....sell this rip.
I am playing longs today. But it is stuck beneath resistance just now, and forming a base. Need a breakout. Not playing shorts today.
2020-09-10_07-01-26.png
Good luck, posting if you are longs or shorts is helpful to the board, so we can look out what we have overlooking in chart, I am still trading Sept ES.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x wrote:Could be a C&H bottom, but I am on a sell day again today. so....sell this rip.
I am playing longs today. But it is stuck beneath resistance just now, and forming a base. Need a breakout. Not playing shorts today.
The attachment 2020-09-10_07-01-26.png is no longer available
Good luck, posting if you are longs or shorts is helpful to the board, so we can look out what we have overlooking in chart, I am still trading Sept ES.
Good luck to you also, BB52. Your charts are very helpful to people. Could go long or short on scalps, but I am in more of a long mode.
We are stuck in a base. Back later ...
Charts posted are not recommendations. They are just a sharing of information.