Tesla - There Is Hope For Bulls!

Mar 12

Tesla (TSLA) is just crashing recently:



Click chart above to see the detailed analysis👆🏻

After Tesla perfectly retested the previous all time high just a couple of weeks ago, we now witnessed a quite expected rejection of about -50%. However market structure remains still bullish and if we see some bullish confirmation, a substantial move higher will follow soon.

Levels to watch: $260, $400

Keep your long term vision!
Philip (BasicTrading)

6 days ago

Trade active

Trading update on Tesla (TSLA):



Click chart above to see the detailed analysis👆🏻

It really seems like the worst is over on Tesla and with a potential bullish break and retest, Tesla still remains in an overall bullish market. Despite the recent drop of -55%, Tesla forms bullish market structure and this monthly candle will be just very important.

Levels to watch: $260, $400

Keep your long term vision,
Philip (BasicTrading)