Due to the strength of support formed in 1022. IF we are able to maintain above 1022 There is a possible upside move coming up TSLA is creating a descending wedge. If this is validated, then. Expect a gap fill @1049-1056. this move could break downtrend resistance and attempt second gapfill @1080-1088 with a posible target XYZh111557246151 If Support @1022 is broken, then Target to the downside will be 1009
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I will like to add that if 1022 does not hold you can expect a retest of 980
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TSLA doing a great job staying above 978
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980 Breached Next point of support 953
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We are seeing our push up. Be carefull since there is a lot of resistance to the upside and could reject at anytime since the overall sentiment is still Bearish
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TSLA to retest support @976
Trade active
The moment we have been waiting for... TSLA has rejected 976 twice lets see if this encourages price to test 1012-1015 once more
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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.