TESLA (TSLA) Moving in a channel
Good morning everyone!
Quick 4.5 minute update on Tesla! We're looking alright but in the short term, we'll need to see a move above our short term resistance at $233-$234 before we can see a move up into $240-$245. Very possible.
NFP was just released today so make sure you take care for any intraday volatility, otherwise my view is Tesla is moving in a channel and we're going to keep at least a short term bullish posture until we break the channel (either way).
Bullish price target is $400 (no timeframe associated) and Bearish price target would be a sweep of that $150 level in the event of global financial catastrophe.
Trade safely nerds!
Quick 4.5 minute update on Tesla! We're looking alright but in the short term, we'll need to see a move above our short term resistance at $233-$234 before we can see a move up into $240-$245. Very possible.
NFP was just released today so make sure you take care for any intraday volatility, otherwise my view is Tesla is moving in a channel and we're going to keep at least a short term bullish posture until we break the channel (either way).
Bullish price target is $400 (no timeframe associated) and Bearish price target would be a sweep of that $150 level in the event of global financial catastrophe.
Trade safely nerds!
CE - BitDoctor
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
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.