It seems the 615 area and the 20ma are holding the price nicely, but TSLA must wake up and do a good movement this week, otherwise, it could drop again to the 600 area. The 615 was our first breakpoint, but now we have a second one.
The 622 is the new breakpoint for Tesla, and if it breaks it for good, then itβll hit our target at 635.
The RSI still shows an advanced breakout, but Tesla must not drop too much from here. The stock already frustrated some AB in the past. Again, the 622 is the breakpoint.
Meanwhile, you guys know that my stop-gain is around the 600s, so, thereβs no way we are going to lose money here. Iβll keep you guys updated.
If you liked this trading idea, remember to click on the βFollowβ button to get more trading ideas like this, and if you agree with me, click on the βAgreeβ button π.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.