JP_Tru

Bounce or Recovery?

JP_Tru Updated   
NASDAQ:TSLA   Tesla
TSLA breaking to the upside the downward channel trendline @987
A retest and bounce of this level will confirm the Bullish sentiment.
A failure of this price could mean that TSLA has not completed its downward movement and a lower price will be explored.
Like 950 and 906
Comment:
TSLA to test 950
Comment:
TSLA has situated itself pretty nicely.
Currently holding its position above the 980 control point and showing a temporary consolidation.
What to expect from here:
-TSLA between two points 1. 995 & 2. 1020
-TSLA has to break one of these two and confirm direction
If 1020 if breached to the upside
-1060 and 1117 are the next targets.
If 995 fails and confirms the downward direction with stregth
-980 and 882 are the targets to the downside.
Stay green!
Trade closed: target reached:
Bounce it is!

DO YOUR OWN RESEARCH!!!

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