MarkRoboTS_Algo_Trading

TESLA - Analysis 2021-06-25

Long
NASDAQ:TSLA   Tesla
Tesla is starting a bullish phase.

The signs are as follows:

1° on 4 June it touched and then rebounded from the Ema 200 daily;
2° on June 23 it broke 23.60 Fibonacci and also EMA 50 daily
3 ° on June 24 broke the bearish trend line (white line) started on January 26


Yesterday there was a strong gap up opening with a rise almost to the resistance at $ 700 and then returning to a Fibonacci 38.6%.
In the next few days, a possible drop to $ 657 to close the gap but even if it does reach this level, it should start again.

Next resistance indicated:

- $ 700
- $ 721
- $ 760

I recommend observing, discussing, Like if you like it, but as always, always use your head for operations !!

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.