🏎️ Tesla Increases To $150? 🏎️
🏎️ Tesla Increases To $150?
🏎️ Nearest strong support zone: around the 0.382 level of the upward wave.
🏎️ Nearest strong resistance zone: around the 0.236 level of the downward wave.
🏎️ Technical environment:
- Moving averages: Downtrend
- MACD: Uptrend
- RSI: Uptrend
🏎️ Price action: Tesla, after the declines in late December, began to form a formation that announces the possibility of an upward breakout. I expect that on the wave of increases in major U.S. indices in recent weeks and the coming wave of weakening of the dollar. Tesla shares have a good chance of breaking out upwards to reach the nearest resistance zone marked on the chart.
🏎️ Scenario The scenario I'm playing out is to join a move that could turn into a breakout and continue the uptrend to the vicinity of the resistance zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🏎️ Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
🏎️ Nearest strong support zone: around the 0.382 level of the upward wave.
🏎️ Nearest strong resistance zone: around the 0.236 level of the downward wave.
🏎️ Technical environment:
- Moving averages: Downtrend
- MACD: Uptrend
- RSI: Uptrend
🏎️ Price action: Tesla, after the declines in late December, began to form a formation that announces the possibility of an upward breakout. I expect that on the wave of increases in major U.S. indices in recent weeks and the coming wave of weakening of the dollar. Tesla shares have a good chance of breaking out upwards to reach the nearest resistance zone marked on the chart.
🏎️ Scenario The scenario I'm playing out is to join a move that could turn into a breakout and continue the uptrend to the vicinity of the resistance zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🏎️ Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Trade closed: target reached
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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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.
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
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.