Tesla (TSLA) recently underwent a significant pullback, triggered by the break below its established uptrend trendline. Presently, TSLA finds itself confronting the 78.6% Fibonacci resistance level while approaching a long-standing downtrend trendline. We are cautiously considering a shorting opportunity, but it's crucial to act swiftly, particularly as long as the price doesn't establish a new higher high.
Trade closed: target reached
✔️#TSLA Closing Now With Profit
➕3.57R 💲💲💲
More statistics in our channel!
Trade closed: target reached
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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.
📱 Telegram: t.me/Tradensee
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.