TradingView
KVE
Nov 17, 2017 5:52 PM

TSLA: Possible bounce from support, up target defined Long

Tesla, Inc.NASDAQ

Description

Not sure if the correction is over, could continue a little more, several possibilities in terms of structure, triangle or flat are the most likely.
Triangular structure drawn for illustration purposes.
As long as we don't break the support (also note where the MA100 and MA200 come in) and the trendline the direction to trade is still up.
Possible target defined for wave 5 (of 3?), stops for a long at market go below the support at least...

Comment

Well on it's way up again. Remember the triangle is only there for illustration purposes, the top line is not a trendline or anything. Possible that we're already in wave 5 after a flat ABC correction...

Comment

Possibilities...:

Comment

Update, back to support it seems...:
Comments
Notyour
good luck! I see TSLA at $200 or less
More