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TESLA - touch and go
Tesla
Long
TESLA - touch and go
By John2506
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May 13, 2021
3
May 13, 2021
Above you can see the flags on the RSI respectively, the Fib channel shows that we are on the outer channels and is now on a critical point.
Support at 535, if the price declines below this point then its crash and burn for a while to the 377 level, until mr Musk can improvise some genius.
However if there is a bounce of the support then we are looking at a great long position entry point.
Just another trading idea, not advice.
Happy trading!
Beyond Technical Analysis
Trend Analysis
Tesla Motors (TSLA)
John2506
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