A strong inverse Cup and Handle setup has formed on TSLA over the past two days so it's looking like TSLA might be in for a larger short-term retracement before reaching new ATHs.
POTENTIAL SHORT SETUP
Purely educational and not financial advice.
POTENTIAL SHORT SETUP
- If the $1135 support line is broken, we could see a retracement of up to 6.5% - calculated from measuring the height of the cup.
- Stop loss placed at the top of the handle.
- This would also be filling the large gap created during Monday pre-market.
Purely educational and not financial advice.
Nota
The support line was broken earlier today - I entered the trade and am starting to scale out and take profits starting at $1080.I hope some of ya'll got in on this! :D
Nota
Target hit and position closed out earlier today ^.^Nota
This aged well, hitting both TP1 of 1060 and TP2 of $990 - I hope ya'll were able to get in on this trade! :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.