TSLA ( UNDER BEARISH PRESSURE ) ( 1D )
TSLA
HELLO TRADERS
TARGET LEVEL :
HELLO TRADERS
- trend line : the price trade under resistance trendline , indicates the price is under bearish pressure , if the price breakout the resistance trendline reach to resistance level .
- TURNING LEVEL : a gold rectangular a round 214.16 level , which indicates two cases , the first cases until the price breaking this level reach a resistance level , the second case the price trade below this level , the price reach support level .
- RESISTANCE LEVEL : a green rectangular , an area above the turning level , around 263.13 and 295.97 , selling have already increase at this level .
- SUPPORT LEVEL : a red rectangular , an area below turning level , around 152.72 , buying have already increase at this level .
- PRICE MOVEMENT : the price is under bearish pressure until trade below turning level at 214.16 , it will attempt to reach support level at 152.72 , then trade below this level reach next target at 125.23 , if the breaking turning level and breakout resistance trendline trying to reach resistance level 241.15 and 263.13 , then stable this level reach next target 295.97 .
TARGET LEVEL :
- TENDENCY : SHORT 214.16
- RESISTANCE LEVEL : 241.15 , 263.13 , 295.97
- SUPPORT LEVEL : 152.72 , 125.23
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