Tesla 2-21
🔥 Market Overview:
Trend: Bearish; recent bounce but still below major resistance.
Key Levels:
Resistance: $362.00, $366.00.
Support: $353.00, $347.00.
Indicators:
MACD: Weak bearish momentum, potential for a reversal if strength builds.
RSI: 48.31, neutral with slight bullish divergence.
Supertrend: Bearish, but a base is forming.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping
Buy near: $353.50, targeting $358.00 (+1.3%).
Sell near: $362.00, targeting $355.00 (-1.9%).
Stop-loss: Below $351.00.
🩸 2. EMA Pullback Scalping
Buy near: $353.00 (EMA 9), targeting $360.00 (+2.0%).
Sell near: $362.00, targeting $354.00 (-2.2%).
Stop-loss: Below $350.00.
🩸 3. Breakout Scalping
If $362.00 breaks, enter long toward $366.00 (+1.1%).
If $353.00 fails, short toward $347.00 (-1.7%).
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If price reclaims $362.00, expect continuation toward $370+.
If it fails to hold $353.00, a drop toward $347.00 is likely.
The stock remains weak until a confirmed breakout.
🔥 News & Market Context:
Tesla reported 2% revenue growth, missing expectations.
Stock is still under pressure but showing resilience.
Broader EV sector sentiment remains mixed.
🔥 Decision:
🩸 Short-term: Scalping within the $353–$362 range is optimal.
🩸 Mid-term: Tesla remains bearish until a breakout is confirmed.
🩸 Ideal Play: Range-bound trading until a decisive move occurs.
👑 Final Verdict:
Weak stocks bounce before they break. Don’t chase—position with strategy.
🔥 LucanInvestor:
"Discipline in execution separates traders from gamblers. Know the difference."
Trend: Bearish; recent bounce but still below major resistance.
Key Levels:
Resistance: $362.00, $366.00.
Support: $353.00, $347.00.
Indicators:
MACD: Weak bearish momentum, potential for a reversal if strength builds.
RSI: 48.31, neutral with slight bullish divergence.
Supertrend: Bearish, but a base is forming.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping
Buy near: $353.50, targeting $358.00 (+1.3%).
Sell near: $362.00, targeting $355.00 (-1.9%).
Stop-loss: Below $351.00.
🩸 2. EMA Pullback Scalping
Buy near: $353.00 (EMA 9), targeting $360.00 (+2.0%).
Sell near: $362.00, targeting $354.00 (-2.2%).
Stop-loss: Below $350.00.
🩸 3. Breakout Scalping
If $362.00 breaks, enter long toward $366.00 (+1.1%).
If $353.00 fails, short toward $347.00 (-1.7%).
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If price reclaims $362.00, expect continuation toward $370+.
If it fails to hold $353.00, a drop toward $347.00 is likely.
The stock remains weak until a confirmed breakout.
🔥 News & Market Context:
Tesla reported 2% revenue growth, missing expectations.
Stock is still under pressure but showing resilience.
Broader EV sector sentiment remains mixed.
🔥 Decision:
🩸 Short-term: Scalping within the $353–$362 range is optimal.
🩸 Mid-term: Tesla remains bearish until a breakout is confirmed.
🩸 Ideal Play: Range-bound trading until a decisive move occurs.
👑 Final Verdict:
Weak stocks bounce before they break. Don’t chase—position with strategy.
🔥 LucanInvestor:
"Discipline in execution separates traders from gamblers. Know the difference."
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.
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.