PaxForex

Analysis on TESLA MOTORS 28.10.2019

NASDAQ:TSLA   Tesla
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.

If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 330.00
• Take Profit Level: 348.00 (1800 pips)

If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 317.00
• Take Profit Level: 315.00 (200 pips)



GOLD
A possible long position at the breakout of the level 1511.00

EURUSD
A possible short position in the breakdown of the level 1.1070

USDCHF
A possible long position at the breakout of the level 0.9960

GBPUSD
A possible long position at the breakout of the level 1.2865

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