Hello Everyone , Followers
Tesla is the second one that i would like to mention today.
It hit the Resistance level of 451 and then it did not achive to break this level.
Now i am expecting 2 possible scenario
Yellow pattern : pull back till 400 and get power from this level and try to break 451 again.
Or Red Pattern : pull back till 365 then get support from trend line and go up again and try to break 451.
If it breaks the 451 then next station is 515 - 516 .
All in all , i am expecting the Pull-back next week and you could follow the price levels that you can see in Chart. I am neutral in Tesla for the time being.
This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.
Have a lovely Sunday to all.
Tesla is the second one that i would like to mention today.
It hit the Resistance level of 451 and then it did not achive to break this level.
Now i am expecting 2 possible scenario
Yellow pattern : pull back till 400 and get power from this level and try to break 451 again.
Or Red Pattern : pull back till 365 then get support from trend line and go up again and try to break 451.
If it breaks the 451 then next station is 515 - 516 .
All in all , i am expecting the Pull-back next week and you could follow the price levels that you can see in Chart. I am neutral in Tesla for the time being.
This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.
Have a lovely Sunday to all.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.