Tesla failed in breaking the resistance we've been talking about at 592, and it is still inside a range. We must wait for a breakout from this point before we can do anything. If it drops below the 580, the 571 is the next stop for Tesla, or it could even fill the gap, but I'm not counting too much on this.
One of the reasons why I'm aiming for Tesla is the advanced breakout seen in the RSI, that could make it fly again to the 626, but we have no confirmation on the price yet. Let's keep watching the 592 area, this is the most important line for us. Peharps, this drop is just a pullback before the next bullish leg. We'll see.
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See you soon,
Melissa.
One of the reasons why I'm aiming for Tesla is the advanced breakout seen in the RSI, that could make it fly again to the 626, but we have no confirmation on the price yet. Let's keep watching the 592 area, this is the most important line for us. Peharps, this drop is just a pullback before the next bullish leg. We'll see.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
