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TESLA Buy signal on the (1h) time frame.

Long
BATS:TSLA   Tesla
TSLA is trading inside a Channel Up pattern under the MA50 (1h).
The Higher Low was priced after a -8.20% decline from the top, symmetrical to the first one.

Trading Plan:
1. Buy as long as the candles close inside the Channel Up.

Targets:
1. 257.50 (Fibonacci 1.236 extension, like the Nov 29th Higher High).

Tips:
1. The RSI (1h) is on a technical buy formation under the MA trend line.

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Notes:
Past trading plan:


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