Possible break of market structure
I've been bullish on tesla as I like the company and is currently in a very long-lasting swing low, however if price drops more than this minimum it is possible that market structure will break and will test the lows again. If we do see a break in market structure, then the first proposed trade of the referenced idea will fail. However, the second trade still stands, we buy and hold Tesla. It has solid financial fundamentals and has an amazing brand. I seriously doubt there would be further losses in this company. I will eventually talk about my fundamental analysis, but that won't be right now.
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