• TSLA is trying to break the $123 area. If it confirms, this could trigger a rally to higher levels;
• Remember, a rally doesn’t mean bullish reversal. It could be, but in this case, it is too soon to tell;
• TSLA is breaking free from our Trap Zone, which we described in more details on our previous study on TSLA (link below this post);
• This breakout is important, as TSLA is in a congestion since Jan 09, as seen on the chart above;
• Only if TSLA does a downwards breakout, losing the support at 38.2% retracement, we would see a continuation of the bear trend;
• For now, let’s pay attention to these key points. I’ll keep you updated on this.
Remember to follow me to keep in touch with my daily analyses!
• Remember, a rally doesn’t mean bullish reversal. It could be, but in this case, it is too soon to tell;
• TSLA is breaking free from our Trap Zone, which we described in more details on our previous study on TSLA (link below this post);
• This breakout is important, as TSLA is in a congestion since Jan 09, as seen on the chart above;
• Only if TSLA does a downwards breakout, losing the support at 38.2% retracement, we would see a continuation of the bear trend;
• For now, let’s pay attention to these key points. I’ll keep you updated on this.
Remember to follow me to keep in touch with my daily analyses!
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.