Tesla Trade
It appears that the current price action is drawing a nice bullish continuation pennant. This is supported by a similar figure being drawn on the RSI graph where we currently have bullish divergence.
If todays candle will be finishing in the green and no lower lows will be plotted for the day it might be worth it to open a LONG position.
The trade will offer a very high risk/reward ratio and it should go as follows:
IN LONG at market before market closes ONLY IF IN GREEN
SL 345
TGT1 430
TGT2 500
TGT3 575B
If todays candle will be finishing in the green and no lower lows will be plotted for the day it might be worth it to open a LONG position.
The trade will offer a very high risk/reward ratio and it should go as follows:
IN LONG at market before market closes ONLY IF IN GREEN
SL 345
TGT1 430
TGT2 500
TGT3 575B
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.