TSLA aka TESLA Trading IdeaG'day Guys
It's another week for trading. Today we going to analyse what is going on on Tesla Stocks and make some predictions next direction.
Let's slice analysis in a different perspective which is this gonna be crucial to make sure our predictions reaching an optimum possible result.
Based on the Daily Time-frame perspective, we clearly see the market is exhausted struggling to keep track heading at 785.64 Price tag which is the previous high. Personally, I was able to see that this pair gonna struggling due to a few levels of strong resistance that easily rejecting each uptrend try.
In 4 hour perspective, we are able to see the first obstacle will be 723.67 price tag which has been rejected three times and most likely, this stock gonna build up a sideway zone between 723.67 and 653.92 zone
On the downside, breaking the orange support trendline gonna provide this stock with has a high probability develop a solid downtrend looking for 540.00 prices. From an upside perspective, we gonna see a struggle to keep uptrend momentum to be completed.
The decision is in your hand, once you are able to dance with the market and gain huge profit on this stock.
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