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Possible rising wedge (3 push up) so the rebound might not go far?
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TSLA premarket at 253-255, very glad I respected my levels yesterday and got out of the swing shorts at a small profit at the end of the day.
This is what you gotta keep doing in a tough tape so gotta stay objective and look for the best risk vs reward and manage it properly.
I'm gonna wait and see whether to short TSLA intraday day trade at the open like yesterday for a quick +20% - 40% gain potential.
too stretched on the upside, so should be at least a consolidation here.
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So for how long will magic Mario's words keep the market up this time? I remember when "what ever it takes" was good for a couple day rally. Maybe 'we will buy 33% of an issue' will be good for at least the morning?
ES: Key time, if miracle bulls manage to retest that 1968.75 morning high (dotted red resistance),
we could go for the immediate targets 1983, 1993. Be ready. Remember an hourly bar close above 1970 would be a HUGE win.
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