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TSLA: Buy idea
We are in a bearish channel situation and on top of that we are above the vwap indicator. This assumes that we would have a high probability of seeing a continuation of the bullish trend if and only if the resistance line is broken with force by a large green candle and followed by a large green volume.
Furthermore, we must be careful because the market is unpredictable. Let's be vigilant. There could be a reversal of the trend (bearish trend) however if the vwap indicator as well as the support line are broken forcefully by a large red candle and followed by a large red volume.
Furthermore, we must be careful because the market is unpredictable. Let's be vigilant. There could be a reversal of the trend (bearish trend) however if the vwap indicator as well as the support line are broken forcefully by a large red candle and followed by a large red volume.
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