TeslaUpdated TSLA is approaching key Trendline Support
TSLA is nearing a key decision point.
TSLA has been under the grip of bearish momentum for weeks, but is now approaching a key medium-term uptrend line.
A big move is likely soon, depending on which level breaks first (on a closing basis).
TSLA has been under the grip of bearish momentum for weeks, but is now approaching a key medium-term uptrend line.
A big move is likely soon, depending on which level breaks first (on a closing basis).
Note
The support zone worked nicely. +7% in just 90 minutes from the key trendline.Note
This pre-planned trade is now up 13% in two days, with no drawdown from the entry.That's how we plan a trade in advance, and then execute that plan without hesitation.
Patience pays off.
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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.