TSLA34 trade ideas
tesla looking good for shortas we all know how overvalued this stock is but this stock has made bears loose billons so with a stop loss of 5% one can enter this trade and it is textbook entry as the stock has made a lower high and it has also broken a trend line
Tesla to retest $500 mark.Tesla is in ascending triangle which has bias to break to the upside.
Good fundamentals and strong demand.
RSI is also in ascending triangle.
I expect the price to either retest the uptrend line or break the $460 mark and go for $500.
How to play this?
So either buy the break of $460 or set a long position at $415 for improved reward.
Good luck!
Tibor
Bullish crossoverTesla make bullish crossover it can be buy at current level with sl of 415, target 438
Tesla............ Sell on rise....Channel marked in Blue.....
Resistances in Red.....
Support in Green..........
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TESLA: View from Algo Scalping systemHow a tradingview algo indicator easily defines the Tesla scalping. just check...
#Tesla watch out for upsideBullishness is not stopping even in the Broader market retracement. In coming months something unexpected is coming..
TESLANice DIP upto 61.8% retracement and booming. could fire with targets given on charts. stop that below swing low
TESLA- Sorry the engine is overheatedAfter giving a huge upside rally, tesla is about to lose its pace as it has reached in the last phase of a five wave structure. The fall will begin soon as a corrective downside journey. The target level can be expected to the previous 4th wave.
Battery requires charging Tesla has made dark cloud cover pattern near the top of trend channel. RSI divergence is also appearing on daily chart.if breaks low of 2186 then we might see 2025 and lower levels. 1650 is the zone where market had made breakout. It will now acts as support for the consolidation. Break of yesterday's high will negate the bearish view.
