As you can see, TSLA has broken out of a falling wedge - just above it's longer term support zone.
Despite heavy indications of a recession, the NASDAQ is significantly oversold and is due for a temporary bounce. We may see a retest of the falling wedge prior to any upwards movement.
I will keep a trailing stop to minimize losses as I do expect the market to continue to fall. Ultimately, TSLA will likely see sub-300.
My targets for TSLA are:
#1 474
#2 542
This is a high risk scalp as the market is in free fall.
Despite heavy indications of a recession, the NASDAQ is significantly oversold and is due for a temporary bounce. We may see a retest of the falling wedge prior to any upwards movement.
I will keep a trailing stop to minimize losses as I do expect the market to continue to fall. Ultimately, TSLA will likely see sub-300.
My targets for TSLA are:
#1 474
#2 542
This is a high risk scalp as the market is in free fall.
Nota
Nota
Both targets met and longs closed. Hope everyone made some $$$ with me. Cheers.
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.