TESLA Hit the MA50 (1w) after 5 months. Buy.

٢٣ أكتوبر ٢٠٢٣

Tesla hit on the opening day of the week the MA50 (1w) for the first time since the end of May.
At the same time it hit the MA200 (1w), which makes the current level a strong double level Support for the long term.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 150 (Falling Resistance 1).

Tips:
1. The MACD (1w) indicates that Tesla may be repeating the late 2021 - early 2022 pattern. After that hit the MA50 (1w) it rebounded to its own Falling Resistance. High symmetry exists between the two.

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Notes:
Past trading plan: