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Tesla (TSLA) - Edition #2
Tesla (TSLA) - Edition #2 - Read the full update on Zelf Trade.
LR Guizado•
Tesla (TSLA) - Edition #2
Short term Neutral
The big giant seems to be waking up!
- As mentioned in our previous newsletter, there was no point in making longs at resistance.
Now what?
- Price took the previous highs which is a good sign, but unless we manage to fully break above $265 we’ll remain on the sidelines.
- Everyone’s suddenly bullish on Tesla now and what’s the worst/ best scenario? We dump and smart money buys in.
- In case we do get a bigger retrace, at around $180 this will be an ideal long entry and the bullish structure will remain the same.
As always, we’ll keep updating on trading ideas. Do not FOMO in and always remember to dollar cost average your way in.
Click HERE to review our complete TSLA - Edition #1 newsletter.
Disclaimer
Not financial or tax advice. Zelf Trade is not a financial institution. No content on this Newsletter is financial, accounting, legal or tax advice. Zelf Trade content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclaimer: This content was originally published on Zelf Trade.