Tesla 20 % bounce coming

Recently we published

where we explained that there´s more downside coming. So far the idea is playing out as expected.
We expect the price continue down as angles of the Keltner channel are still pointing to the downside . We expect the price to reach the buy zone in the next days. Next we expect the bounce and filling the gap which corresponds with the price resistance .

Summary of the trade:
20 % gains to be made by bulls.
Buy at the support
Sell at the resistance / the gap


Good luck

Yorum:

Be patient and wait for a price to come back to the buy zone. Dump is not finished.
Every small bounce is a short opportunity.

İşlem aktif:

Entry price reached. Very good so far

İşlem elle kapatılmış:

Support failed and the it´s acting as a resistance now.
Bad earnings, more downside. Expecting the price to reach 150$ in a mid-term
Trade closed at the break even!