TSLA (Tesla) Technical Analysis and Trade Idea

2024年4月17日

Upon analyzing TSLA (Tesla), we can see that it has been in a sustained downward trend. Notably, price has entered a critical support zone, exhibiting a double bottom pattern on the chart. Additionally, there has been a downward move beneath this double bottom, tapping into liquidity.

Given the significance of this support zone, I anticipate a reaction, potentially leading to a substantial retracement. Another noteworthy aspect is the imbalance above the current price range, which could serve as a target. Furthermore, I acknowledge the influence of seasonality in stock markets, a topic I delve into within the accompanying video. In the video, we explore trends, price action, market structure, and other essential elements of technical analysis.

2024年5月28日

註釋

As predicted.. move SL to breaskeven now.