Telsa (TSLA) February 09, 2020
TSLAPivot Point: (65 day EMA) $482.03
The long-term trend is considered up when TSLA is above the 65 day EMA
Our view: Long positions above (65 day EMA) $482.03
Comment: TSLA remains Bullish above the $482.03 level—Buy on a pullback into the value zone (area between the 13 & 26 day EMA)
Stop-loss: (65 day EMA) $482.03
Alternative scenario: Below $482.03 TSLA becomes Bearish, expect further downside to lower levels
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