TSLA support is seen around 687 and may consolidate if support is strong at that level. If it breaks support it will correct sharply.
Tesla buy limit entry ,on retracement back to the support with stop loss below support zone , target 30 points.
Buy this stock and add more around 380-350 Sl of 325 taget 475-500
If comes below 438.7 then short with SL 441.7 for TGT 400. If goes above 451 then BUY with SL 441.7 for TGT 480. At 480 short with SL 487 for TGT 400 Follow us on telegram for live assisted calls - highsocietytrading
The trend seems to be up now. The prices are making higher highs, prices are trading well above the kumo, the chikou is free. The prices are expected to retrace back to kijun at 241 - 242 levels. The RSI will be into buy mode. Looking at the price action, if the stock holds the levels, entries can be planned. The expected target are 301 - 317. While a close below...
NASDAQ:TSLA is a definite short, it has sustained momentum for a few days, and the RSI is well over expected limits. Short Tesla now for 2-3 days.
Short Tesla for the next two days because RSI is over 70, and following trend patterns, we see Tesla about to hit upper price band. If Tesla hits the upper price band short immediately and it RSI goes above 75, short.
Tesla will going touch 242-258 range. Everything is mentioned in chart.
At very critical support. Goes below and might have a sizeable fall..