Current Movement is Down.
The Green 4h Zone @ 277-271 price level is strongest support level price targeting.
Note: 1- Potentional of Strong Buying Zone:
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
2- How to Buy Stock:
On 15M TF when Marubozu Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu Candle, because price will always and always re-test the imbalance.
The Green 4h Zone @ 277-271 price level is strongest support level price targeting.
Note: 1- Potentional of Strong Buying Zone:
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
2- How to Buy Stock:
On 15M TF when Marubozu Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu Candle, because price will always and always re-test the imbalance.
Note
Note: I don't care about News & Drama, apparently there is Drama going between Elon and Trump which eventually will be solved some how because Elon is rich and Trump like rich people mean while we getting discounts on the price.Trade active
I close my position on 300 price level on Pre-Market , I strongly believe price level will re-test same support level ZoneNote
Analysis still ValidTrade closed: target reached
Sorry guys i have many trades on i cant focus on updating anyways we will reach the same support level today 277-271 then whenever stronger buyers step-in you may join for easy profit cheers.if no buyers step-in just dont get in there is many stocks much better than Tesla.
Note
Although price lowest point was 281 today, that indicate the Zone has Strong buying power which later will hold future price when it reaches same level, now the US China meeting result also will affect market and Tesla specially one of companies that has main concern of this meeting results since majority of Tesla Cars Sells in China.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.