TSLA: BOUNCE PLAY INCOMING!
🔸️Ticker Symbol: TSLA 🔸️Timeframe: 4 Hour 🔸️Investment Stratey: Short/ Long
TECHNICAL ANALYSIS: TSLA is about to test a major support level at $838 in this current down trend. This area also acts as the bottom deviation level on our regression trend indicator which is currently in a bull trend overall.
Down on our dashboard we can see that our middle band has shifted to red meaning bear market momentum however our white line representing money movement is starting to shift a bit higher. This indicates that we could possibly see a push higher after testing this support area around $838. Let me know your personal investment strategy and thanks for following.
🔔 Follow for daily stock, crypto and forex technical analysis.
⚠️ Trading is risky and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
TECHNICAL ANALYSIS: TSLA is about to test a major support level at $838 in this current down trend. This area also acts as the bottom deviation level on our regression trend indicator which is currently in a bull trend overall.
Down on our dashboard we can see that our middle band has shifted to red meaning bear market momentum however our white line representing money movement is starting to shift a bit higher. This indicates that we could possibly see a push higher after testing this support area around $838. Let me know your personal investment strategy and thanks for following.
🔔 Follow for daily stock, crypto and forex technical analysis.
⚠️ Trading is risky and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
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