$TSLA sitting at a pivot. If we reclaim and close above the imbalance zone (red box) after holding the Weekly EMA 200, we're back in business. That opens two targets:
A) Range high at 488
B) Range expansion to 658
Initially thought this could be a distribution range — still possible. But a weekly close through that imbalance and I'm eyeing at least 453 (consolidation high) first.
Price action + structure = the tell. Weekly close is the trigger.
A) Range high at 488
B) Range expansion to 658
Initially thought this could be a distribution range — still possible. But a weekly close through that imbalance and I'm eyeing at least 453 (consolidation high) first.
Price action + structure = the tell. Weekly close is the trigger.
