TSLA: Approaching its Climax.
• TSLA stock continues its rally, heading to the next resistance level, at $177 (purple line);
• So far, there’s no technical top signal, nor bearish reversal structure indicating that TSLA could correct from here;
• On the daily chart, we see that TSLA is doing higher highs/lows, and if it breaks the $177 resistance, it’ll trigger another pivot point, and in this case, it could easily seek the $200 next.
• The $200 area is close to the upper trend line of the Descending Channel seen on the weekly chart;
• Despite the mid-term rally seen on the weekly chart, the long-term trend is still bearish, and TSLA has to break this channel upwards in order to confirm a long-term bullish reversal structure;
• The main support area is around the $164 (red line), as if TSLA loses this key point, it might frustrate the mid-term bull trend;
• So far, everything seems under control. It all depends on how TSLA will react around the $177, its next climax.
I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
• So far, there’s no technical top signal, nor bearish reversal structure indicating that TSLA could correct from here;
• On the daily chart, we see that TSLA is doing higher highs/lows, and if it breaks the $177 resistance, it’ll trigger another pivot point, and in this case, it could easily seek the $200 next.
• The $200 area is close to the upper trend line of the Descending Channel seen on the weekly chart;
• Despite the mid-term rally seen on the weekly chart, the long-term trend is still bearish, and TSLA has to break this channel upwards in order to confirm a long-term bullish reversal structure;
• The main support area is around the $164 (red line), as if TSLA loses this key point, it might frustrate the mid-term bull trend;
• So far, everything seems under control. It all depends on how TSLA will react around the $177, its next climax.
I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
⚠️ Want to take your trading to the next level?
👉 Join the Finance Hydra VIP Mentorship - 6 weeks of mentoring with weekly meetings and ongoing support. Limited places available!
✅ Find out more and sign up: thefinancehydra.com/
👉 Join the Finance Hydra VIP Mentorship - 6 weeks of mentoring with weekly meetings and ongoing support. Limited places available!
✅ Find out more and sign up: thefinancehydra.com/
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน