Traders, it’s time to talk Tesla.
The stock has been making stellar moves lately, hitting one absurd high after another fueled by implied volatility (more on that later).
BUT, I’m starting to see a bearish candlestick pattern on the chart right now — even with the stock soaring through the roof on rumors of it joining the S&P 500.
So today, I really want to cover the market makers’ implied move, seeing whether Tesla will be up or down by the end of this week.
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