Is tesla finally back???
TSLL has been in a prolonged downtrend but is now showing signs of a potential bottoming pattern. Price recently tested a key support zone between $6.26 and $7.18, holding firmly after multiple attempts to break lower.
Current price action is forming a strong base, and the first green candle breaking out of this range suggests momentum may be shifting.
The upside target is set near $20, which lines up with a previous consolidation zone and psychological resistance. A break and hold above current levels could trigger a strong move higher.
Risk is defined below support, making this a favorable risk-to-reward setup. Watching closely for follow-through confirmation.
TSLL has been in a prolonged downtrend but is now showing signs of a potential bottoming pattern. Price recently tested a key support zone between $6.26 and $7.18, holding firmly after multiple attempts to break lower.
Current price action is forming a strong base, and the first green candle breaking out of this range suggests momentum may be shifting.
The upside target is set near $20, which lines up with a previous consolidation zone and psychological resistance. A break and hold above current levels could trigger a strong move higher.
Risk is defined below support, making this a favorable risk-to-reward setup. Watching closely for follow-through confirmation.
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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.
Our Beginner Options eEbook: findbettertrades.com/beginner-options-guide?utm_source=tradingview&utm_medium=tradingview+profile
Free Telegram Channel: t.me/findbettertrades
Free Telegram Channel: t.me/findbettertrades
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.