JICPT

Tesla approaching key demand zone, buy the dip!

לונג
JICPT מעודכן   
NASDAQ:TSLA   Tesla
The recent news coverage of Tesla is negative. What happened in a car show in Shanghai has gone viral on the internet. Chinese folk were disappointed about how Tesla handled the customer complaint. Obviously that damaged its reputation. However, Tesla is still a great company. The recent pullback may give us a good buying opportunity.

On daily chart, it's coming towards a key demand zone with high probability of rebound:
1. Nice demand formation

2. Key fibs

3. Moving averages

4. flip

הערה:
IT's deeply in the zone.
הערה:
Price reacted to the zone. However, due to deteriorated situation in India, stocks are under pressure. The healthcare sector is supposed to attract more funds.

plan your trade and trade your plan
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