TeslaLong
Bounce to 870s then reject
Current level (834) is a very critical support for Tesla.
There is a high chance that it retests 870s area before rejecting for more downtrend due to the overall bearish nature of the chart. Ultimately, the trading plan is 834 - 870 - 834 - 780s.
However if a retest does not occur, failure at current level (834) will expose 780s.
This is not investment advise and I am not a guru just an idea :)
There is a high chance that it retests 870s area before rejecting for more downtrend due to the overall bearish nature of the chart. Ultimately, the trading plan is 834 - 870 - 834 - 780s.
However if a retest does not occur, failure at current level (834) will expose 780s.
This is not investment advise and I am not a guru just an idea :)
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