Tesla may touch $300. its broken all the parameters so beware of this overbought stock
Expect Tesla take support at Fib 61.8 % Waiting for RSI over sold
Bearish chart pattern for Tesla, chart show the bearishness till get Green indication
The previous chart was not looking crisp due to error in overlay.
The rout has been across both the sectors. One need not blame only Cryptos !!
vcp pattern study price contraction volume contraction stock in stage 2 Uptrend trading above 30wk moving average
TSLA after having 42% correction from the upside & has best time to go for long, expecting TG to reach at 1200$
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
Check my previous analysis on tesla, you will found that all my analysis was perfectly act as i discussed
Yesterday i discussed about this resistance, i discussed that resistance is not imp but still keep eye on, n as you can see that resistance pushed price down
If you have taken trades according to the zone I specified you are in huge profit, right now the nearest resistance not imp, but still keep eye on at there... follow and support and suggest a stock in comment box
Price respected all my levels which I've drew earlier, if you took short trade at my exite level for long so you are still in profit...
Book profits at current level and above till new peak is not created. Expect near term correction and sideways volatility therefore higher levels is to take profits.
I had shared a entry point with take profit point here on my trading view account, you can check it, and follow me for more apportunity
We are at hitting multiple channels of resistances in 15min, Daily and weekly timeframe. I would short Tesla at 990$ with SL at 1005$ with a target of atleast 930$
A one more close of four hour candle upside of red line can give a apportunity for long, Stop loss should be below the red line....trade the rage carefully
TESLA LONG Channel breaks and then movement. No recommendation, just for tracking.