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basictradingtv
Mar 26, 2024 7:12 PM

Tesla - Wait For The Close 

NASDAQ:TSLA1M
Tesla, Inc.NASDAQ

Description

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Hello Traders, welcome to today's analysis of Tesla.

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Explanation of my video analysis:

After Tesla started an insane pump of + 3.200% in 2019, we saw a top being created in 2021 and since then, Tesla has been trending towards the downside. You can also see that there is a significant horizontal structure level at the $200 area and Tesla is about to break this level towards the downside. It is best to wait for the monthly candle close before taking new trades.

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I will only take a trade if all the rules of my strategy are satisfied.

Let me know in the comment section below if you have any questions.

Keep your long term vision.
Support and ResistanceFlagBeyond Technical AnalysisTesla Motors (TSLA)elonmuskteslamotorselonmuskstockteslaflagformationteslaanalysisstockmarketanalysisteslaidea
Comments
basictradingtv
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If you are also keeping an eye on Tesla, smash that "Like👍" button! Keep your long term vision.
TORNADOF5
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@basictradingtv, i hope it not close LoL i want it cheaper
thanks
basictradingtv
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@TORNADOF5, you're welcome - appreciate it!
chrisd1nonly
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Great analysis. Will continue to follow and hope you keep updating this as!
basictradingtv
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@chrisd1nonly, yes, I 100% will!
supadett
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I think it will drop because of China EV and then when Tesla launches a new product "Optimus Robot Human", start launching this will increaseing it again
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