TeslaUpdated Bounce play
For those of you tesla losers,
if you want to catch a bounce, $180 is a pretty decent support.
RSi will get bottom out, price dropping to 2017 level.
There's a lot of talk about musk getting margin call But I won't doubt musk pulling a rabbit out of his hat last second.
His already survived the $230 break margin call by diluting and averaging down his holdings.
Long entry $180,
$177 stop loss
$194 exit
if you want to catch a bounce, $180 is a pretty decent support.
RSi will get bottom out, price dropping to 2017 level.
There's a lot of talk about musk getting margin call But I won't doubt musk pulling a rabbit out of his hat last second.
His already survived the $230 break margin call by diluting and averaging down his holdings.
Long entry $180,
$177 stop loss
$194 exit
Trade closed: target reached
we were able to get entry premarket last week. Now that it completed that big double bottom bounce, I am a bit wary to enter again.
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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.
If you appreciate my technical analysis and want to check out our
Free Newsletter --> diywallst.com/
Free Newsletter --> diywallst.com/
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.