TSLA: Most important KEY POINTS! Going to $ 792?
Hello traders and investors! Let’s see how TSLA is doing today!
First, in the 1h chart, it lost its previous support at $ 847, and it is trading at the $ 814 area, as we mentioned last Friday. TSLA is far from the 21 ema, looking oversold, but as long as we don’t see a clear bullish structure, we can’t call it a buy again.
However, what if it reacts? What if we see a clear bullish reversal structure around? Then I’ll set a target at $ 920.71 (previous gap).
Since TSLA is near its support at $ 814, it would be great to see a reaction, but if it doesn’t, then the red line at $ 792 is the next support level, and the most important one for the mid-term.
If TSLA loses the red line, then it would have a support at the purple trend line in the daily chart, around the $ 700s.
Therefore, it is extremely important to see TSLA reacting this week. If it does, the Risk/Reward ratio would be amazing. Let’s pay attention to the key points mentioned in this analysis, as this week we might see one of the greatest opportunities to buy TSLA, with one of the best R/R ratios I’ve ever seen on it.
I’ll keep you guys updated every day on this, so remember to follow me to not miss any of my future analyses.
First, in the 1h chart, it lost its previous support at $ 847, and it is trading at the $ 814 area, as we mentioned last Friday. TSLA is far from the 21 ema, looking oversold, but as long as we don’t see a clear bullish structure, we can’t call it a buy again.
However, what if it reacts? What if we see a clear bullish reversal structure around? Then I’ll set a target at $ 920.71 (previous gap).
Since TSLA is near its support at $ 814, it would be great to see a reaction, but if it doesn’t, then the red line at $ 792 is the next support level, and the most important one for the mid-term.
If TSLA loses the red line, then it would have a support at the purple trend line in the daily chart, around the $ 700s.
Therefore, it is extremely important to see TSLA reacting this week. If it does, the Risk/Reward ratio would be amazing. Let’s pay attention to the key points mentioned in this analysis, as this week we might see one of the greatest opportunities to buy TSLA, with one of the best R/R ratios I’ve ever seen on it.
I’ll keep you guys updated every day on this, so remember to follow me to not miss any of my future analyses.
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