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Tesla, Nasdaq, Automotive

Tesla, Nasdaq, Automotive
Dear followers and copiers,

We will be taking a hold/swing (long) on $Tesla(TSLA.US)$ when it hits the order entry level of $1188.10, as the next resistance level.

✅ Three white soldiers spotted (pending for confirmation)
✅ RSI is above 50.
✅ The MACD is close to positive indicating a buy signal.

Directional view – Bullish bias, reversal pattern has spotted during the previous dip in $Tesla(TSLA.US)$ .
Key factor that may affects the bullish view - Elon Musk's decision on him planning to sell his $Tesla(TSLA.US)$ stocks further.

💭 Trade Idea
🔊 We will be taking a "hold" or “swing (long)” position and open trade at the price of $1188.10.
🔊 With a TP set at $1240.
🔊 Bullish view will be invalidated if the price drops below S1. Stop Loss to be set at S1($1015).

p.s. encourage to adjust based on personal risk and return preference.

Current price: $1137.06
Opening price: $1162.38 ⬆ 25.32 (2.23%)
Order price: $1188.1


$NASDAQ(NASDAQ.US)$ $Tesla(TSLA.US)$ $Rivian Automotive(RIVN.US)$ $Lucid Group(LCID.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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Technical Analysis w 3 years trading experience! Will start w weekly investment pitch & trade here soon! Follow me!
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