First back-to-back green days of the month. 👀
$TSLA is now pressing into the moving average cluster of resistance.
Monday's objective is simple: break through the moving averages before Diamond Momentum runs out of charge. 🔋💎
Best possible entry was July 7 (ironically the day of this post).
I didn't take it.
Why?
$TSLA was still setting up.
Waited for confirmation in late Aug.
Exited mid-Sept. with a $98K gain.
The goal isn't to catch the bottom.
The goal is to trade with high probability.
$TSLA Buyers defended the low-volume zone last week.
That's a significant statement.
Now we find out if they have enough momentum to push through the resistance above.
Investing in SpaceX today is one of the worst investment decisions possible and this holds true regardless of your investment horizon.
The chances of doubling your invested capital within a reasonable timeframe are far higher with Tesla than with an investment in SpaceX.
For me this is a no brainer decision.
Consider this a warning. $tsla$SPCX
Slice Weekend Project (link in bio)
✅ Entry taken
Looking for continuation in this quality stock within a beaten-down sector.
Friday delivered a clean breakout while the daily buy signal remains active.
Target above. 🎯
Fun fact 👀
Despite the doom, gloom, and volatility this week, $TSLA has quietly put together 8 consecutive green 2-hour candles.
Price action over emotions. 😄📈
$TSLA The last time I went big into calls was last fall, and it played out beautifully (receipts below).
Now, I'm spotting early signs of a similar setup forming. I'll be breaking down all the details for subscribers in this weekend's video analysis.