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WinnerTrader99
Jun 14, 2021 11:43 AM

$TSLA Potential Bullish Setup targeting 780  Long

Tesla, Inc.NASDAQ

Description

Still RSI did not confirm the bullish signal. Mon-Tus will clarify RSI signal if breakout then its matter of time to target 660 then 780 which could take few weeks. Resistances: 624-634 then 660 - Supports 590 then 550 Stops of bulls. If broad market turns to bearish its possible to see 414 for TSLA but its not likely up to today. Worth to note that MFI is highly overbought and expected to be declined during coming sessions but RSI still low!

Comment

Moved up then rejected from 1st resistance 625.5
possible to re-test 590 but above 624 the target is 634

Trade active

TSLA Breakout Friday and rejected from 628 . next resistance 634 then 645 . Possible pullback to 600-605 to re-test. below 600 became bearish again

Trade active

Consolidation above trend line

Comment

started from 590 reached 764

Trade closed: target reached

Trade closed: target reached

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