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What Color Is Your Tesla 🚘
Tesla
Long
What Color Is Your Tesla 🚘
By TheSignalyst
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Jan 24
1
7
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2
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Jan 24
Hello TradingView Family / Fellow Traders,
On Weekly:
Left Chart
TSLA has been hovering inside a range between the $200 support and $300 resistance.
Lately, TSLA has been bearish trading inside the falling blue channel and it is currently approaching the lower bound and $200.0 support.
🏹
Hence
, as long as the 185.0 support holds, we will be looking for buy setups on lower timeframes.
On H1:
Right Chart
📈 For the bulls to take over, we need a momentum candle close above the last major high in gray at 218.0
📉
Meanwhile
, TSLA would be bearish and can still trade lower to dive inside the 185-200 support zone before trading higher.
📚
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
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TheSignalyst
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