TeslaLong
Bounce to 870s then reject
Current level (834) is a very critical support for Tesla.
There is a high chance that it retests 870s area before rejecting for more downtrend due to the overall bearish nature of the chart. Ultimately, the trading plan is 834 - 870 - 834 - 780s.
However if a retest does not occur, failure at current level (834) will expose 780s.
This is not investment advise and I am not a guru just an idea :)
There is a high chance that it retests 870s area before rejecting for more downtrend due to the overall bearish nature of the chart. Ultimately, the trading plan is 834 - 870 - 834 - 780s.
However if a retest does not occur, failure at current level (834) will expose 780s.
This is not investment advise and I am not a guru just an idea :)
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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.