๐๏ธ Tesla Increases To $150? ๐๏ธ
ืืขืืืื
๐๏ธ Tesla Increases To $150?
๐๏ธ Nearest strong support zone: around the 0.382 level of the upward wave.
๐๏ธ Nearest strong resistance zone: around the 0.236 level of the downward wave.
๐๏ธ Technical environment:
- Moving averages: Downtrend
- MACD: Uptrend
- RSI: Uptrend
๐๏ธ Price action: Tesla, after the declines in late December, began to form a formation that announces the possibility of an upward breakout. I expect that on the wave of increases in major U.S. indices in recent weeks and the coming wave of weakening of the dollar. Tesla shares have a good chance of breaking out upwards to reach the nearest resistance zone marked on the chart.
๐๏ธ Scenario The scenario I'm playing out is to join a move that could turn into a breakout and continue the uptrend to the vicinity of the resistance zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐๏ธ Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
๐ If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. ๐
๐๏ธ Nearest strong support zone: around the 0.382 level of the upward wave.
๐๏ธ Nearest strong resistance zone: around the 0.236 level of the downward wave.
๐๏ธ Technical environment:
- Moving averages: Downtrend
- MACD: Uptrend
- RSI: Uptrend
๐๏ธ Price action: Tesla, after the declines in late December, began to form a formation that announces the possibility of an upward breakout. I expect that on the wave of increases in major U.S. indices in recent weeks and the coming wave of weakening of the dollar. Tesla shares have a good chance of breaking out upwards to reach the nearest resistance zone marked on the chart.
๐๏ธ Scenario The scenario I'm playing out is to join a move that could turn into a breakout and continue the uptrend to the vicinity of the resistance zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐๏ธ Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
๐ If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. ๐
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