Potential entry: watch until price rebound from the channel edge and pull back to 10255.29 SL 10447.01 Target 9919.58 In case price break the SL you can go long because there is a strong support at 10858.54 But somehow the chances are bearish and the price is above the 20,50 and 100 EMA so it is somehow in oversold state. Trade with care. Thanks
macro money margin market models momentum net offer ofset open order options paid pair patient pips portfolio profit pullback put quoStill waitingte rally range rate realmoney retail risk sector sell settlement short slippage spot stoploss swap swiss takeprofit technical trade trading trader traderslife trend unemployment value volatility wedge work
In the end of August of 2014, Tesla completed the formation of a cup with a short handle, and within a few trading sessions, catalysts such as the China Unicom charger deal and Stifel's upgrade of TSLA with a price target of $400 caused the stock to break out and confirm the pattern. A similar cup and short handle has formed today ahead of the Model X reveal. TSLA...
Recently with Tesla, Positive news has been ignored and negative news has been exaggerated. This irrational pessimism, combined with high short interest might indicate a rapid momentum upwards swing is in order. This is especially true if Tesla chooses to announce their CPO program or their stationary storage product soon.