TradingView
wstchse
Jul 19, 2018 5:51 PM

TSLA Bullish Setup Long

Tesla, Inc.NASDAQ

Description

Details on chart...five wave in progress it seems. I've also seen alot of chatter and talk about shorting tsla. All indices are bullishl, especially the NASDAQ, therefore we can expect more gains to come. Technically tsla is holding good bullish structure, with a nice abc move back to test bull tl, as draw on the chart. There are also bullish indications with rsi and MACD, with bull div showing on some time-frames. FYI this is not something you put your entire acct on so trade wisely as this like any other setup has the possibility of failing. I have taken a long call option position on this ATM with at least 2 mth exp, dont put yourself in a position where your right about the direction but simply just do not have enough time. Happy Trading!
Comments
wstchse
My profit was booked at 340-360
Mdotee.
this is a good way to lose money,, this 5 waves ur imagining is actually a 2 wave B
Mdotee.
3 wave*
wstchse
@Mdotee., why don’t you share a chart
Mdotee.
@wstchse, s3.amazonaws.com/tradingview/snapshots/y/YHXdNPbC.png

for now this is conservatively the bear view
More