TSLA seems to be worth $300-$450. Notice we have been consolidating and seem to be forming higher lows as we tighten. Previously had the BB pinch and are on an upwards move. We may face a fake-out scenario (trapping longs). We can expect a move as downwards as $550 before a squeeze to the upside. BB%B suggests bands widening at a steady rate. MACD Suggests buy pressure is weakening , and RSI is neutral.
The circle on the BB%B might be a safe area to close your positions.
I will take profit and adjust my stop accordingly along the way. I will have Two TP areas before target.
Leverage traders should adjust their stops according to their scenario or wait for a clear signal to enter.
BEST WISHES,
HONEY ITS GONE!
The circle on the BB%B might be a safe area to close your positions.
I will take profit and adjust my stop accordingly along the way. I will have Two TP areas before target.
Leverage traders should adjust their stops according to their scenario or wait for a clear signal to enter.
BEST WISHES,
HONEY ITS GONE!
Commentaire:
used a wrong description (lower highs)
Commentaire:
TP1 reached and raised our stop loss for-profit @ $710.00
