TSLA: Testing Resistance Amid Bullish Momentum
🔥 LucanInvestor's Strategy:
🩸 Short: Below $412.75, targeting $400 and $380. MACD's recent momentum shift supports potential downside if the 9-day EMA is breached.
🩸 Long: Above $457.17, targeting $470 and $480. A confirmed breakout will likely propel Tesla higher amid strong bullish volume.
🔥 LucanInvestor's Commands:
🩸 Resistance: $457.17 — A pivotal level for bulls to conquer, signaling further upside.
🩸 Support: $412.75 — Critical support; a breakdown below this level could invalidate the bullish momentum.
Tesla continues its upward momentum, holding above the 9-day EMA ($412.75) with bullish sentiment evident in the rising volume. The MACD indicator has yet to cross decisively into positive territory, so confirmation of a breakout above $457.17 is essential for sustained gains.
👑 "Only those who persevere above resistance reap the rewards of the trend." — LucanInvestor
🩸 Short: Below $412.75, targeting $400 and $380. MACD's recent momentum shift supports potential downside if the 9-day EMA is breached.
🩸 Long: Above $457.17, targeting $470 and $480. A confirmed breakout will likely propel Tesla higher amid strong bullish volume.
🔥 LucanInvestor's Commands:
🩸 Resistance: $457.17 — A pivotal level for bulls to conquer, signaling further upside.
🩸 Support: $412.75 — Critical support; a breakdown below this level could invalidate the bullish momentum.
Tesla continues its upward momentum, holding above the 9-day EMA ($412.75) with bullish sentiment evident in the rising volume. The MACD indicator has yet to cross decisively into positive territory, so confirmation of a breakout above $457.17 is essential for sustained gains.
👑 "Only those who persevere above resistance reap the rewards of the trend." — LucanInvestor
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