$TSLA Long setup - Horz support/100ma/50% retrace
Updated
Not sure why I hear there's thousands of shorts opening up here at $193. This is where you start going long. Chart is self explanatory, we're sitting on the 100ma Monthly (white line), at Horizontal support (180-190), and at the 0.5 fib from bottom to All time high. Seem's like an easy play, I don't know if it'll be a "reversal" point but there should be a decent bounce. Let's what the news is in the next few weeks, I'm looking for a shortsqueeze and sharp bounce within a week.
Check my last chart on AUD/USD which played out well, decent bounce and potential to go higher.
Check my last chart on AUD/USD which played out well, decent bounce and potential to go higher.
Note
Didn't like the way it looked, closed at 199, shorted 194, closed 188. No opinion on TSLA anymore
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