LONGING $TSLA
Updated
I am opening up a long position on 
TSLA for the following reasons.
We are in a huge bounce area. On the 4 hour timeframe:
Aside from technicals, we have earnings coming up which is our catalyst. This is a very risky trade and I'm only risking 0.25%.
Take Profit 1: 225.81
Take Profit 2: 243.67
Take Profit 3: 256.65
Stop Loss: 202.07
TSLA for the following reasons.We are in a huge bounce area. On the 4 hour timeframe:
- There's a clear trendline forming which we are retesting
- Retesting a 4 hour order block
- Retesting lower band of Bollinger Bands (Nadaraya smoothed)
Aside from technicals, we have earnings coming up which is our catalyst. This is a very risky trade and I'm only risking 0.25%.
Take Profit 1: 225.81
Take Profit 2: 243.67
Take Profit 3: 256.65
Stop Loss: 202.07
Note
SL hit
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