financialfreedomgoals101

Bearish Channel Breakout, Setting Stage for a Return Above $300?

financialfreedomgoals101 업데이트됨   
BATS:TSLA   Tesla
Hi Realistic Traders. Here's my price action analysis on TSLA !

On May 23, 2023, Tesla (TSLA) exhibited a breakout from the bearish trendline, sustaining its upward trajectory with consecutive higher highs and lows. Following this, TSLA's bullish momentum moderated, leading to the formation of a bearish channel. Notably, there has been a recent breakthrough above the upper trendline of this bearish channel, signaling a robust bullish indication. Adding to the bullish narrative, the momentum indicator (MACD) has executed a golden cross, further affirming the potential for continued upside movement toward the specified target area.

it is essential to note that the analysis will no longer hold validity once the target/support area is reached.

Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on TSLA."


Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
코멘트:
Rebound on the upper trendline, we still have the same view as before

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.