This is how the long term charts look in $TSLA now. We are holding a 25% long position, and will continue to trade around it following daily and weekly signals too.
In the short term, $TSLA looks ready to charge higher, so it wouldn't surprise me to see a very sharp uptrend kick off very soon.
Hopefully, we won't get a drawdown while waiting for this move, but if it were to give us a dip, we could take shorter term long trades to offset our risk on the drop. As long as above the weekly mode support just under yesterday's low, we are quite safe though.
Cheers,
Ivan Labrie.
In the short term, $TSLA looks ready to charge higher, so it wouldn't surprise me to see a very sharp uptrend kick off very soon.
Hopefully, we won't get a drawdown while waiting for this move, but if it were to give us a dip, we could take shorter term long trades to offset our risk on the drop. As long as above the weekly mode support just under yesterday's low, we are quite safe though.
Cheers,
Ivan Labrie.
After a brief rally, the market could start a correction, the buying opportunity will be great, so, don't miss it.