pratik2358

study of one of my all time favourite TESLA !

NASDAQ:TSLA   TESLA INC
the stock as per chart and price action is a range play for either sides

overall good as long as above 830 for 950/960 targets
wile a good short opportunity in zone 950/970 for 830/820 targets
Trade closed: stop reached

Comments

Tesla has been proven very unreliable recently, currently trading close to all time high. Elon is not helping with the politics around the company.
Long term strong buy
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pratik2358 StefanOkros
@StefanOkros, will wait and watch if gives entry, will trade , else leave it... But yes there is a personal soft corner for Elon musk he is my idol.. amazing genius.. ♥️
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what to do when the high of 970 or low of 830 is broken

the reason for asking the question is tesla moves very fast after the resistance or support is broken

and normally the breakout happens at opening
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marianopolidorimd Kaushalpatel
@Kaushalpatel, option or stock?
Stop out. Or buy some call or put at those levels out a week or 2 if they are cheap while you play the range. No pro here
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pratik2358 Kaushalpatel
@Kaushalpatel, BEST it to WATCH , trade only if it gives actual entry , wait for pullbcks and dont trade only on technical .. i dont ony rely on technicals
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