Tesla is back at the lid that stopped it 3 times: 384 to 389

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Tesla is back at the lid that stopped it 3 times: 384 to 389Tesla, Inc.BATS:TSLAAlrashediOur 11 daily trend measures are split: 6 up, 5 down. Tesla has turned down from 384 to 389 three times since early September: 384.04, 386.83 and Friday's 388.56. Friday closed at 382.70, right under it, and today it trades near 379. The floor of the same range is 345.88. The zone: 384.00 to 388.60, the three highs. Levels A daily close above 388.56 opens 409, the April high. Another rejection points back into the range, with 345.88 as its floor. What history says: nothing, on purpose. We only test setups in the direction of the daily trend, and the trend measures are split. This post is a map of the levels, not a call. We will update this when one side breaks. Education and research only. Not financial advice.