Telsa (TSLA) February 09, 2020

TSLA

Pivot Point: (65 day EMA) $482.03

The long-term trend is considered up when TSLA is above the 65 day EMA

Our view: Long positions above (65 day EMA) $482.03

Comment: TSLA remains Bullish above the $482.03 level—Buy on a pullback into the value zone (area between the 13 & 26 day EMA)

Stop-loss: (65 day EMA) $482.03

Alternative scenario: Below $482.03 TSLA becomes Bearish, expect further downside to lower levels