TESLA DAILY
Look for break outs, fake outs and retests of the triangle. Use the horizontal support and resistance with the triangle break outs, fake outs and retests for confirmation.
Long Term Bullish once the price close on a daily above 900.
Long term Bearish if the price closes below 540
Short to intermediate term uncertain and neutral until we close at least a 4 hour above 775 then I turn bullish. But I will turn Short term Bearish if the price close below 665
As with any price action the price could go up, down or sideways you just need a plan for all 3.
Long Term Bullish once the price close on a daily above 900.
Long term Bearish if the price closes below 540
Short to intermediate term uncertain and neutral until we close at least a 4 hour above 775 then I turn bullish. But I will turn Short term Bearish if the price close below 665
As with any price action the price could go up, down or sideways you just need a plan for all 3.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.