$TSLA trade idea
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Derek Frazier shares and explains his ideas and process of decision making behind cyclitecnical trading. Please like and comment.
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Tesla is setting up out of a probable 40 day through at least… it could actually get bent up as more buyers come in … it's 20 week cycle could start on fundamental interaction here and do as it did in July, with buyers coming in with big cash, to keep it above $200.00
Its 20 week cycle FLD projection has been almost met to the downside. I dont expect it to continue down.
There is a 20 day VTL above price and it could break today or tomorrow, signaling that AT LEAST 40 day trough.
