LONG trade analysis on TESLA.
Graph is looking bullish from lower trendline of Bullish Flag and support structure. I expect that price will breakout Bullish Flag and continue rising, but safe entry is when price actually break Bullish Flag - upper trendline, so we should wait first. Bullish Engulfing Candle indicates buy on chart too. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Graph is looking bullish from lower trendline of Bullish Flag and support structure. I expect that price will breakout Bullish Flag and continue rising, but safe entry is when price actually break Bullish Flag - upper trendline, so we should wait first. Bullish Engulfing Candle indicates buy on chart too. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.