TSLA sell or not? NASDAQ:TSLA
Based on my technical analysis , price is currently in a bullish move.
On july, It recently broke out of the bearish trend line .
After the break it retested and continued bullish
However, as you see, I discoverd bearish crab pattern in the chart.
Considering the 4 cases, I drew the arrows in 4 different colors.
check the circle's price range
As the arrow described, TSLA will be correction and try to breakout resistance zone.
Or it try to breakout without correciton
As guess, 778~821 will be resistance zone
Let us wait and see what happens
Please do your own research before putting your own money into the markets.
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Any feedback and suggestions would help in further improving the analysis
Goodluck :)
Teslaprediction
Did Tesla Find its bottom? We will see; $1000+ By summer? 4hr4 hour chart!
Hey guys been following Tesla closely! Was hoping for a bull back to break trend and go down to the 400s and possibles 300's.
It looks like it may have found its bottom and we may be on track to its previous $1000+ projection!
It has got a $900 Price Upgrade this morning and The U.S. 10 Year Treasury yield is going down slowly, Tech is making a comeback!
Lets go baby! I go both ways (not litterally) Can I say that any more? Not sure haha!
Anyways I am down for Tesla to go down and ride it down and super bullish on way up!
Overall long on Tesla! but will make money on the way down!
Will update progrress!
Tesla predictionWe can see hidden bearish so a short position can be made after the break of trend line.As the it will confirm the analysis moreover the trend line can become a support also so wait till the trend line bread and confirm as the candle close below it.
TP and SLare shown in the diagram
Do always use trailing profit
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Note this is not a trading advice and I am wrong 100%