ethostrader

Tesla - Increased Probability of Valuation

Long
ethostrader Updated   
BATS:TSLA   Tesla
Going against the market as we interpreted it in our short-term forward projection, Testla's Multi Timeframe Fibo Clouds are outlining contours that lead us to believe in immediate appreciation.

Graphical interpretation based on our FIbonuvens Multi Timeframe model has proved to be efficient even when apparently simple candles move with little expression. The quality of this reading model often allows us to set stop losses with very attractive values within the proposed risk management framework.
Trade closed: target reached:
1st target reached with automatic realization of 50% of the position with a partial result of 10.22%. Action: move stop loss to 176.80 where it will be better positioned to defend the partial result obtained and mitigate the risk of losses on the trade until it develops towards the final target (or loss point zero).
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