Abu-Sushi

Tesla blow off top or new uptrend channel ?

NASDAQ:TSLA   Tesla
Hello everyone
This is my Tesla idea for daily time frame
watch key notes for more detail on chart
for any question feel free to ask :) good luck

On 31 Aug we had a blow off top
and Tesla got sold heavily black line didn't hold as support
Now we are doing the same movement but now the real question is …
price is coming to test the red line
will the same thing happen ? or when price come down to test the black line it will hold as support
thus making a new uptrend channel ?

our plan is following :
buying from black line to target red line a close below black line we close our trade
buying from blue line to target black line a close below blue line we close our trade
buying from green line to target blue line a close below green line we close our trade

trade with care and good luck :) for any question feel free to ask :)


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