TSLA MOTORS - Kevin Christopher Best
Hi Traders,
Analysing TSLA is a masterpiece - why? Because it is simple & easy to find key levels, and possible price actions such as support becoming resistance etc...
As you might all know, TSLA stock value has a direct relation with Media and News. Nonetheless it is possible to predict and evaluate the intrinsic value of the company.
3 Scenarios
1- We might keep working between small consolidating level 691 - 657
2- We might break the potential support level at 657 and go to the strong support level at demand zone 2 and bullish retest
3- We might break the potential resistance level at 691 and work towards the HH
Personally - I would love to have the stock having a little bit more correction to the demand zone 2 and open an entry price level with a long take profit 1 above the HH
Please, like if you agree, if not please feedback - appreciated take care and regards
Kevin Best
Analysing TSLA is a masterpiece - why? Because it is simple & easy to find key levels, and possible price actions such as support becoming resistance etc...
As you might all know, TSLA stock value has a direct relation with Media and News. Nonetheless it is possible to predict and evaluate the intrinsic value of the company.
3 Scenarios
1- We might keep working between small consolidating level 691 - 657
2- We might break the potential support level at 657 and go to the strong support level at demand zone 2 and bullish retest
3- We might break the potential resistance level at 691 and work towards the HH
Personally - I would love to have the stock having a little bit more correction to the demand zone 2 and open an entry price level with a long take profit 1 above the HH
Please, like if you agree, if not please feedback - appreciated take care and regards
Kevin Best
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