TSLA Long, $341 optimistically $335 realistically

Don't think I'm using the Long tool quite properly. Red is where I'd be preparing to exit -Stop loss at $327.26 in case of unexpected news or a strong sell off.

Nice rally with recent news and with the market recovering. TSLA             will open a little higher and be "overvalued" on Stoch RSI temporarily, will then retrace slightly (to 329-330) and start following the fib fan line (blue) and/or trend line (white). With a spike in volume and/or some more positive new released in the next few days, I can see a break to $340.58 - $341.12 - which would be the next strong point of resistance.

Comment: Market drop so far today. Tesla is a more volatile stock and is responding as such. Watching the S&P and DJIA to see where those go
Comment: Should have been a bit more liberal on Stop Loss, but $341 came through afterall. Next stop $347 - $352 depending on news and overall market.

At this point, I'm expecting a retracement back to $337 and trailing up my white trend line with another hopeful breakout once it passes $341.12. Then to the target $347-352
What is this based on??
Tandes88 danekstrom
@danekstrom, Everything you see on the charts
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out