Description
⋅ TSLA is nearing a key decision point.
TSLA has been under the grip of bearish momentum for weeks, but is now approaching a key medium-term uptrend line.
A big move is likely soon, depending on which level breaks first (on a closing basis).
Comment
⋅ The support zone worked nicely. +7% in just 90 minutes from the key trendline.
Comment
⋅ This pre-planned trade is now up 13% in two days, with no drawdown from the entry.
That's how we plan a trade in advance, and then execute that plan without hesitation.
Patience pays off.