Levels mentioned on the chart.
Summary:
TESLA has been in a downtrend for quite some time now.
The medium term trend still remains down but the recent up moves and bounce back from .61 retracement level accompanied with good volumes suggest an upmove.
Strong medium term resistance zone between 244-246, hence targets are kept below the zone.
By Animesh Vashisht, CFTe
(This is only my opinion, not financial advice)
Summary:
TESLA has been in a downtrend for quite some time now.
The medium term trend still remains down but the recent up moves and bounce back from .61 retracement level accompanied with good volumes suggest an upmove.
Strong medium term resistance zone between 244-246, hence targets are kept below the zone.
By Animesh Vashisht, CFTe
(This is only my opinion, not financial advice)
Trade closed: target reached
Achieved
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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.
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.