Nathan_Black

TSLA: Last Chance to React.

NASDAQ:TSLA   Tesla
• TSLA is once again reacting above our key support line at $165, which we already mentioned yesterday (the link to my previous analysis is below this post, as usual);
• Only if TSLA loses the $165 we would see a sharper correction ahead, probably to fill the previous gap around $161 (yellow square);


• On the daily chart, we see why the $165 is so important: This key point was a previous resistance level, and now it is acting as a support (Principle of Polarity);
• By losing this key support, TSLA would reject the previous bullish pivot point (previous higher high/low), making a new low;
• In this case, the mid-term target is at $154. I’ll keep you updated on this, as usual.

I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.

🔴 Only 5% of traders manage to be profitable in the long term.

👉 Join the 5% Project: thefinancehydra.com/the5project/
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.