Long idea on
Tesla, with a trade possibility away from a midpoint (50% fib retracement) + trendline confluence.
A bearish move would result in a little drawdown if it closes below the midpoint support.
Targets for longs are at tops with the possibility of hold over if fundmentals turn positive.
A bearish move would result in a little drawdown if it closes below the midpoint support.
Targets for longs are at tops with the possibility of hold over if fundmentals turn positive.
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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.