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vf_investment
Oct 6, 2022 4:27 PM

Tesla 20 % bounce coming Long

Tesla, Inc.NASDAQ

Description

Recently we published
where we explained that there´s more downside coming. So far the idea is playing out as expected.
We expect the price continue down as angles of the Keltner channel are still pointing to the downside . We expect the price to reach the buy zone in the next days. Next we expect the bounce and filling the gap which corresponds with the price resistance .

Summary of the trade:
20 % gains to be made by bulls.
Buy at the support
Sell at the resistance / the gap


Good luck

Comment

Be patient and wait for a price to come back to the buy zone. Dump is not finished.
Every small bounce is a short opportunity.

Trade active

Entry price reached. Very good so far

Trade closed manually

Support failed and the it´s acting as a resistance now.
Bad earnings, more downside. Expecting the price to reach 150$ in a mid-term
Trade closed at the break even!
Comments
wardaK
Thank you for your sharing your great idea and TA. I'll wait until it falls to 200 level to enter long. Thx!
Solldy
The idea was not too informative. In general, many of the arguments I have already noted for myself, but supported my vision) Thanks for your publication, my friend!
UnknownUnicorn15614419
Thanks for sharing your opinion
CowabungaDad
Thanks for sharing! I'm also targeting the 210-213 Buy Zone. Expecting a major correction this month on bad news coming.
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