TSLA bounces to $439 off double-bottom
TSLA bounced off $408.5 low yesterday after-hours. This was the second bounce off this price for TSLA in the last 3 trading days, forming a double-bottom, which is a bullish pattern.
TSLA had a strong bullish day today and more importantly it's once again above its hourly 13 EMA and 30/50/100/200 SMA averages.
Our target for TSLA is $439 which is 161.8% of today's high.
Happy trading!
TSLA had a strong bullish day today and more importantly it's once again above its hourly 13 EMA and 30/50/100/200 SMA averages.
Our target for TSLA is $439 which is 161.8% of today's high.
Happy trading!
Trade closed: target reached
TSLA had a nice move up to $439 this morning before correcting some. Hope you were able to take some profits along with me. TSLA has more upside ahead and I'll be adding new trade ideas.
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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.