TeslaLong
TSLA - time to buy?
Not yet.. careful with sells however, we have met a MM. I have some buy entries lower, but that is risky. Reasons to buy on the chart will be a breach of 700 and midline of the current down channel, but be ready to get out at other side of channel in case we go lower. A break out of the down channel top and consolidation or 2 failed attempts to go lower again will be the classic buy set up with targets noted above. A breach below will put my next value area in the mid 500s to look for the run up. This one is way more volatile than AAPL etc, so be careful with it and trade smaller lot size (is my suggestion).
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