Tesla
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๐ŸŽ๏ธ Tesla Increases To $150? ๐ŸŽ๏ธ

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๐ŸŽ๏ธ Tesla Increases To $150?

๐ŸŽ๏ธ Nearest strong support zone: around the 0.382 level of the upward wave.

๐ŸŽ๏ธ Nearest strong resistance zone: around the 0.236 level of the downward wave.

๐ŸŽ๏ธ Technical environment:

- Moving averages: Downtrend

- MACD: Uptrend

- RSI: Uptrend

๐ŸŽ๏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.

๐ŸŽ๏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.

๐ŸŽ๏ธ Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

๐Ÿš€ 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. ๐Ÿš€
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