Tesla
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JICPT| Tesla daily gap-up long setup around zone of 890-910

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Hello everyone. Tesla has been up by more than 120% since May. The news that Elon Musk sold partial shares triggered the recent sell-off. Price has dropped by nearly $200.

So, put aside the fundamental part, what's next?

Technically, the gap formed on the daily as well as weekly made me excited. On top of that, we got a small base candle which looks a pretty good demand zone.

In addition, It happens to be around the flip and mid-term MA. The confluence bullish setup looks attractive for me.

What do you think? Give me a like if you're with me.

Penafian

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