adelriosantiago

Tesla's 1:6 trade opportunity

Long
NASDAQ:TSLA   TESLA INC
This morning Tesla's r(0.988) linear regression just touched a new low at 260.1, there are two possible scenarios:

  • Red arrow: Tesla's uptrend is over and investors should probably SHORT targeting 248.00.
  • Green arrow: Tesla is currently undervalued and may bounce back to the near resistance level at 286.88 continuing the r(0.988) linear regression .

My pick this time is a 1:6 LONG trade expecting the price to go back to the regression channel.

---
"We go to school to learn to work hard for money. I write books and create products that teach people how to have money work hard for them. " - Robert Kiyosaki

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out