Stargazer_fx

Is TESLA setting up for a new Bull run?? Here's why..

Long
NASDAQ:TSLA   Tesla
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TESLA
Reasons:-
1.Price supported by 50MA.
2.Price supported by Ichimoku cloud.
3.Price grew more than 80% on every rally & than started a correction.
4.Price printed bullish pattern or made breakout of the support/resistance structure before starting a rally..
What do you think,will it start a new bull run or not??

For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on Daily timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..




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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions

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