Tesla - Setting for a higher bull. US$2000 target
Tesla was met with some strong selling on Tuesday after hitting the supply. But the supply was weak after candles show some indecisions. Meaning to say that the current selling is showing corrective action instead rather than a reversal. Also, the formation of a pennant shows a strong possibility of a continuation of an uptrend.
Note
Got stop out. But re-enter at support/demand level
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.
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.