AspenTrading

TSLA: targeting 186 (PURPLE)

Short
AspenTrading Updated   
NASDAQ:TSLA   Tesla
Pretty simple, a break and hold below ~202.59 (GREEN) points right to 186 (PURPLE).
Comment:
This rebound off 202.50 (GREEN) is stalling at its counterpart, 219.50 (GREEN), which is not uncommon. That's the logic behind using the S/R Bands for trading. If 219.50 holds, it should set up another run and test at the lows.

Dave

Disclaimer

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.