Tuesday, April 15, 2014

TSLA for tomorrow

From what I know:

1) Exceeded daily by 42%, re-bounded 2/3 of it.

2) Did not follow the market; +0.33% vs -2.11%; 1.32 times stronger than the average

3) Has a 62% chance to gap up vs 35% chance to gap down. 3% chance no gap.
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What to expect:

Most likely a gap-up to fill.

Market is likely to gap-up as well; 60% vs 40%.

The ratio of the gap will mean a lot.

If the ratio is close to average or above; I would be bullish on green market.

If the ratio is below average; I would be bearish even on green market.

Overall: I expect green on the day. Probably a fade, if the movement is too strong. But still.

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