Why I think that tesla is Bullish?
As you can see Tesla created beautiful chanell makes HH and HL and created 3 rising valleys.
Tesla's resistance is on 900 while support lines are approx. on 704, 594 and even strongest on 500.
If Tesla will break trough 704 support and reach support on 594 you should consider for buying setups with target price (D) which i get by AB form and makes on that way new HH. But its need to be careful because price maybe continue a travell bellow to 500$.
Thank you for reading this, im still studying and trying to practice so every comments are welcome :)
TSLA
As you can see Tesla created beautiful chanell makes HH and HL and created 3 rising valleys.
Tesla's resistance is on 900 while support lines are approx. on 704, 594 and even strongest on 500.
If Tesla will break trough 704 support and reach support on 594 you should consider for buying setups with target price (D) which i get by AB form and makes on that way new HH. But its need to be careful because price maybe continue a travell bellow to 500$.
Thank you for reading this, im still studying and trying to practice so every comments are welcome :)
TSLA