Tesla, Inc. (TSLA) on a 1-hour timeframe (NASDAQ).
Key Elements in the Chart:
• Entry Zone: Marked in a highlighted area around 298.27 - 302.52, indicating a potential buy entry zone.
• Target Area: The price is expected to move upwards towards 326.59, as shown by the green triangle.
• Current Price Level: 302.52 at the time of the screenshot.
Interpretation:
This setup suggests a long trade (buy position) from the entry zone, expecting a price rebound toward the 326.59 resistance level. The analysis appears to be based on a support bounce strategy, where price is expected to rise after testing a key support level.
Key Elements in the Chart:
• Entry Zone: Marked in a highlighted area around 298.27 - 302.52, indicating a potential buy entry zone.
• Target Area: The price is expected to move upwards towards 326.59, as shown by the green triangle.
• Current Price Level: 302.52 at the time of the screenshot.
Interpretation:
This setup suggests a long trade (buy position) from the entry zone, expecting a price rebound toward the 326.59 resistance level. The analysis appears to be based on a support bounce strategy, where price is expected to rise after testing a key support level.
Trade active
Active Trade,
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.