curiousgeorgeuk

curiousgeorgeuk

My idea is that the Tesla price will return to the $340-$350 Zone. This is a 50% fibonachi retracement it is also the same zone as an upward sloping trendline and the uptrend anchored VWAP. Depending on the reaction to this level and as long as the VWAP acts as support you could take a 'long' position with a take profit 1 at around $400 before deciding to close...

curiousgeorgeuk

My idea is that the Tesla price will return to the $340-$350 Zone. This is a 50% fibonachi retracement it is also the same zone as an upward sloping trendline and the uptrend anchored VWAP

curiousgeorgeuk

It has bounced off a 0.75 fib. It is breaking out from the downward sloping trend line and is now testing the downtrend anchored VWAP