Rocketman

Tesla: Stage 1 Reversal Pattern ~ Sheer Technical Bet

Long
BATS:TSLA   Tesla
Technicals:
DAILY:
Stage 1 Ichimoku Crown Pattern
DQ d1v Crown Volume Validation
uRd developed from Feb 2024 until Mary 2024.
Crown retracement has reached the 50%-61.8% buy zone.

This is just a sheer technical bet that TSLA will recover, reverse and get to 200 or more by August 2024. If I am wrong, then I have my stop below 130 if this pattern goes bust.

Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
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.