Tesla is in a strong downtrend since hitting its ATH $1245 We are currently down 26% down since ATH $900 is a very stong key level and seen a nice gap breaking out We are getting close to $900 and plan to go long on the bounce and see a nice breakout from the strong downtrend channel I am also see strong divergence on the RSI indicating selling power is getting weak and a reversal is near $986 is the next resistance zone which is a nice 10% move from the $900 entry level Take note of the lower trendline - the trend line has been respected since $600 we could see a retest leading into a short position
Entry: $901 TP: 986
Not
*correction - downtrend has been respect since $600
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.