TSLA is approaching key Trendline Support
Updated
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).
Comment
The support zone worked nicely. +7% in just 90 minutes from the key trendline.Comment
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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