Some might say that Tesla is dead, and I agree, but it is not going to keep dead for too long, and the volatility will increase again at some point.
If it loses the 600 again itโll do a head and shoulders, and this can bring the price way down to the 580, where we bought it. But the red line is a nice support that is holding tesla for now.
If it breaks the 615, itโll hit our target at 635.
Iโm optimistic about the advanced breakout on the RSI, but I wish the divergence would be stronger. These points make me believe that tesla will do a bullish movement next, but if everything goes wrong, we will still make money at this point, so, Iโm cool.
Iโll keep you guys updated.
If you liked this trading idea, remember to click on the โFollowโ button to get more trading ideas like this, and if you agree with me, click on the โAgreeโ button ๐.
See you soon,
Melissa.
If it loses the 600 again itโll do a head and shoulders, and this can bring the price way down to the 580, where we bought it. But the red line is a nice support that is holding tesla for now.
If it breaks the 615, itโll hit our target at 635.
Iโm optimistic about the advanced breakout on the RSI, but I wish the divergence would be stronger. These points make me believe that tesla will do a bullish movement next, but if everything goes wrong, we will still make money at this point, so, Iโm cool.
Iโll keep you guys updated.
If you liked this trading idea, remember to click on the โFollowโ button to get more trading ideas like this, and if you agree with me, click on the โAgreeโ button ๐.
See you soon,
Melissa.
